You can kick-start retirement with a litte extra in your pocket. The Retirement Bonus has increased from 0.70% to 0.80%. With a balance of $400,000, you could pocket a bonus around $2,800 when you open a Retirement Income account, if you're eligible.
| Your opening account balance | Your Retirement Bonus could be |
|---|---|
| $250,000 | $2,000 |
| $500,000 | $4,000 |
| $1,000,000 | $8,000 |
| $1,500,000 | $12,000 |
| $2,100,000 | $16,800 maximum |
[M5] Retirement income and investment earnings are not guaranteed. Payments will cease once the account balance is depleted.
[M6] Eligibility criteria apply. The payment of the Retirement Bonus is at the discretion of Aware Super. We reserve the right to change or stop offering the Retirement Bonus at any time, without notice. The Retirement Bonus is calculated and applied at the time your Retirement Income account commences and may differ from any estimate you have previously obtained. If you withdraw 50% or more of your Retirement Income account starting balance within 12 months of opening the account, Aware Super reserves the right to deduct the Retirement Bonus from your Retirement Income account. Withdrawals include lump sum payments, rollovers, regular income payments, and one-off income payments.
