Sunsuper for life offers two types of Income accounts:
- Transition to retirement.
members who have permanently retired from the workforce and have reached their
age, or have reached 65 years of age with a regular income from their
Transition to retirement
Designed for members who are
aged between their preservation
age and the age of 65, and are still working.
It allows you to
supplement your income with a regular income from your superannuation savings
whilst you transition to retirement.
An Income account is ideal for a lot
of people because:
- you can receive regular income paid directly to
your Australian bank, building society or credit union account,
- you can
access your money if you need to,
- you can choose from a range of
investment options which you can vary with your changing needs,
could benefit from favourable tax treatment,
- you could benefit from
favourable treatment for social security and Department of Veteran's Affairs
(DVA) payments, and
- you can nominate how much and to whom benefits are
paid if you die.
When you're ready to retire and activate your Income account a Retirement Bonus of up to $2,400 may be paid on Super-savings account funds moved into your Income account. Find out more about the Retirement Bonus.
Sunsuper is a "profit for members" fund, which means profits
are re-directed to lower fees and providing superior services. Find
out more about our low fees.
In 2016, we have been awarded with the highest possible ratings from Canstar and Chant West for our Income accounts. SuperRatings also recognised Sunsuper as Pension Fund of The Year three years in a
row - 2009, 2010 and 2011. Find
out more about the awards we've received.
You can choose the Today and Tomorrow strategy
or select from a range of investment options on offer. It's your choice and
we're here to help. Find
out more about making your investment choice.
Did you know?
Top industry ratings and awards
At Sunsuper, our members are the centre of everything we do. It is this focus that has made us one of Australia’s most awarded super funds. Take a look at some of our ratings and awards.
Try it out
Compare our Income account fees
Our Income account fees are among the lowest you'll find we don't charge an entry fee or pay commissions. Get a free report.
The retirement forecaster provides a quick snapshot of your retirement.
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Help and advice
Our SunTracker program will help you picture your dream retirement lifestyle, develop a plan for your super and give you the confidence to get on track for the future.
Income account request form
Download the Income account request form [PDF 414KB]