Choose a retirement account that’s able to help you reduce your work hours and use your super to top up your income - tax free! See if you’re eligible for a Retirement Bonus, and learn how to keep your money invested, so it can continue to grow now and into retirement.
Open a retirement account
Whether you're thinking about working less or stopping work completely, we offer two types of accounts to help you make the most of your super. Invest your super in a tax-effective way, while you enjoy regular payments.[M5]
Retirement Transition account
If you’re still working but cutting back your work hours as you approach retirement, a Retirement Transition account could be a handy option for you.
Retirement Income account
If you’re fully retired, then a Retirement Income account could be the answer. Turn your super into regular income, so you can keep getting paid[M5] while your money stays invested, tax-free.
Set up your super for retirement
Giving up work and living off your retirement savings takes planning. And in retirement, you’ll have full control and flexibility over what you can do with your super - so deciding what to do with it is important.
Choose the right investment options for your retirement
When your money stays invested it has the opportunity to keep growing. Learn about your options for investing in retirement.
Set up when and how much you’d like to be paid
Planning your finances in retirement is easier when you know when your income payments will arrive. With a Retirement Income or Retirement Transition account, you choose when and how much you’d like to be paid.[M5]
Get your Retirement Bonus
When you open a Retirement Income account, you could be eligible for a Retirement Bonus. If you’re eligible, your Retirement Bonus is:
- Added automatically
- Tax free
- Based on how much you transfer, it could be up to $12,350.*
Government Age Pension eligibility
Discover how the Age Pension can work for you in retirement to compliment your super savings. Calculate how much you could get if you’re eligible.
Nominate a beneficiary
Super isn’t automatically included in your Will so you’ll need to nominate a beneficiary. Nominating a beneficiary for your super and retirement savings is easy to do in your online account. Maintaining up-to-date beneficiary information means your super can be shared the way you intend with less stress for the people closest to you in the event of your death.
Wills, estate planning and your super
Getting your Will and estate planning in order is an essential part of planning for the future – it's never too early to get started.
Need help or guidance?
Find education events, resources and tools that make navigating your superannuation and retirement options super simple.
There’s a lot to think about and the decisions you make now could change the future you have. Start with your very own Retirement Guide.
My Retirement PlannerTM estimates how much you’ll need in retirement based on your current situation and future lifestyle goals. Plus, get a step-by-step action plan.