Transition to retirement income stream

A regular and tax effective income stream for when you turn 55.


When you turn 55, you may be able to supplement your income by accessing your superannuation entitlements in the form of regular payments – even if you’re still working.

This allows you to work fewer hours and receive the same take home pay.

Or you can work the same hours and salary sacrifice part of your income, replacing it with a more tax effective income stream. This means you’ll end up with more super!


Once you begin to draw a transition to retirement income stream benefit from your RSA, tax is no longer payable on the interest earnings credited to your RSA transition to retirement income stream. This is reflected in a higher sum of interest being credited to the RSA.

You must receive minimum payments annually. The minimum payments are based on your account balance and percentage factors set by the government that depend on your age. The maximum payments can be no more that 10% of your RSA account balance as at the start of the financial year.

Features of our transition to retirement income stream include:

  • low-risk, capital guaranteed
  • free of entry fees or administration fees
  • regular and tax effective income stream
  • choose to receive income payments either monthly, quarterly, half-yearly or annually
  • no earnings tax on interest
  • tax rebate available from 55 years of age
  • tax-free from 60 years of age
  • nomination of a reversionary beneficiary to receive income payments
  • continue to make contributions to your super through salary sacrifice.

Rates & fees


Superfuture RSA variableRate pa
Up to $4,999.99
$5,000 - 19,999.99
$20,000 - 49,999.99
$50,000 plus

Tiered with the rate of interest applicable to the balance of your RSA variable account being that as stated above in this table. The rate is applied to the whole balance of the RSA variable account, with the 'whole balance' excluding any balance in a RSA term deposit.
Quoted net of all administration fees and before taxes and any government charges.
Rates are effective 1 July 2018 and subject to change at any time. Interest is calculated daily and credited to the RSA variable account on 30 Jun.

Fees & Charges

Refer to Fees & Charges (PDF) for information on current fees & charges.


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Remember to read the following important documents:

BSB: 704 230

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