My retirement options

As you approach retirement, it makes sense to start planning how you will finance your life after work and part of that is working out how to make best use of your money in super.

Choose the retirement income stream product that suits you and allows you to convert your super into a regular income:

  1. Transition to Retirement Income Stream account – for those approaching retirement and still working, or
  2. Retirement Income Stream account – for people who are fully retired.

Transition to retirement income stream account (TTR)

If you have reached your preservation age and are still working you may be able to rollover some of your super into a TTR income stream account. This presents the following options:

When you retire or reach the age of 65 the TTR income stream will automatically transfer to an Retirement Income Stream.

Retirement income stream

Once you have retired, an allocated 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).

Open an account

Opening an account is easier that ever with Prime Super's Pension Join Online! 

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.


Talk to someone in the know. Speak to a financial planner* about your retirement options. Call 1800 675 839.

Retirement income streams can be complex and may have tax and other implications. There are also strict rules around accessing your super and operating an income stream account. 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.

*Financial Planners employed by Prime Super are authorised representatives of PGW Financial Service Pty Ltd (PGW) ABN 15 123 835 441, AFSL 384713.  PGW is responsible for personal financial advice provided by their authorised representatives.

How far will your super go?

Will you have enough super to last you? Use the super calculator as a guide to see how making extra contributions along the way can make a difference.

Access the super calculator

Need advice?

Studies show that people who get financial advice save more than $1,500 per year