SELECT TranDate, MONTH(TranDate) as 'month', YEAR(TranDate) as 'year' FROM TableName
OP has come back with an error that indicates his TranDate column is not a datetime so he can either convert it to a datetime
SELECT TranDate, MONTH(convert(datetime, TranDate, 103)) as 'month', YEAR(convert(datetime, TranDate, 103)) as 'year' FROM TableName
or use SUBSTRING to get the parts he wants
SELECT TranDate, SUBSTRING(TranDate, 4,2), SUBSTRING(TranDate, 7,4)
Each have their pros and cons, depending on how sure you are that the data on thr database is correct