Active Super

How it works (for members who have retired and can access their super)

• You set up regular payment amounts, on a schedule that suits you 
• Pay zero tax on these regular payments*
• Pay zero tax on any lump sum withdrawals*
• Pay zero tax on investment returns*
• Access your money and withdraw it at any time*.
  
  

When some people retire, they like to withdraw their super and put it in the bank. But an Active Super Account-Based Pension continues to give you access to growth, with your super invested in one or more of the Active Super Choice investment options.  

You need to withdraw a minimum payment amount each year, but you can receive it when it suits you – twice a month, monthly, quarterly, half yearly or yearly – creating an income stream from your super. 

Any withdrawals are tax-free and so are the earnings you make on your investments*. Plus, you can apply to withdraw up to $50,000 of your money online at any time, including lump sums if you need to pay for a holiday or a health emergency*.

We recommend you discuss your individual needs with a financial planner before commencing any retirement strategy.

For more information, read the Account-Based Pension PDS or contact us. You can also read the Target Market Determination for this product.

*For TTR and those under 60, different access, payment limits and tax rules apply. Contact us to find out more.