Replace your income
If you've stopped working
Top up your income
From working, the Age Pension or other income streams
Zero tax on investment earnings and income payments
Benefits and features of a Retirement income account
- Zero tax on your income payments if you're over age 60
- Flexibility to set your payment amount and frequency1
- Stop your payments and close your income account at any time2
- 18 investment options managed by our investment experts
- Zero tax on investment earnings
- Make extra withdrawals at any time
- Receive a retirement bonus of up to $4,800 just for opening an account3
Risks and superannuation
It is important to be aware of the risks of investing in superannuation which are described in the Sunsuper for life Product Disclosure Statement.
Or call us! We're here to help: 13 11 84
Find out more about our Retirement income account
Can I access lump sums for larger purchases like renovations or travel?
While a Retirement income account provides a regular flow of income, you are still able to take lump sum withdrawal via Member Online anytime.
Talk to your financial adviser or contact Sunsuper
Outstanding value pension fund offering
Since 2011, we’ve held Canstar’s highest 5-Stars Outstanding Value Account Based Pension rating. We were also a finalist for SuperRatings' Pension of the Year 2021, and our Income accounts have received the highest possible ratings from SuperRatings, Chant West and The Heron Partnership.4
1. Flexibility to set your payment amount and frequency: The Government has set a minimum amount to be withdrawn each year. You must have at least taken your minimum income for the financial year before you can stop your payments and close your account. Members aged 64 or less who open a Transition to retirement income account can withdraw a maximum of 10% each year. You can also close your Income account at any time if your needs change.
2. Stop your income payments and close your account at any time (subject to having already received the minimum legislated income payments).
3. Retirement Bonus: Subject to eligibility criteria, including a 12-month minimum membership period. Visit Retirement bonus for details. Note other conditions apply.
4. For ratings and awards information, visit sunsuper.com.au/ratingsagencies.