When some people retire, they like to withdraw all their super and put it in the bank. As an alternative, however, an Active Super Account-Based Pension offers more potential for growth, with zero tax on earnings. You get to choose the payment schedule and you can vary the amount from year to year (within limits). Plus, you can withdraw your money at any time if you meet one of the conditions of release. Learn more here.
(NOTE: If you’ve reached retirement age but you’re still working, an Account-Based Pension can also be used as part of a transition to retirement strategy. However, different drawdown limits, preservation ages and tax rules apply. We recommend you talk to a Financial Planner if you’re planning a transition to retirement strategy.)
Choose from a range of investment options, from high to low risk, to help grow your money.
You set up regular payment amounts on a schedule that suits you.
Pay zero tax on these regular payments, on lump sum withdrawals or investment returns.
Access your money and withdraw it at any time.