Retirement Income Stream
Once you have retired, an allocated retirement income stream lets you convert your super into a regular income in retirement and as your money is still in the super environment, investment earnings on your money and withdrawals from your account are tax-free (for those aged over 60 years).
How to open a Retirement Income Stream account?
If you’re eligible and already have access to our secure MemberOnline site simply log in, go the Income Stream tab to complete your online application, scan and upload your certified ID documents and you’re done. It’s that easy!
If you prefer paper, complete the application form in the Product Disclosure Statement – Income Streams (PDS) and return it to us.
Retirement income streams can be complex and may have tax and other implications. There are also strict rules around accessing your super, operating an income stream account and how much money you are able to hold in your retirement account/s. For these reasons, we recommended you carefully review the PDS - Income Streams and consider obtaining independent financial advice before you make a decision about opening an income stream account.
Talk to someone in the know
Speak to a financial planner about your retirement options. Call 1800 675 839 or book an appointment today!