A focus on long-term performance
Money magazine’s Best Retirement Innovator 20232
Enjoy flexible income and tax-free investment earnings
Retirement Income account is an account-based pension
that turns your super into income payments and offers several tax benefits. With the ability to make
withdrawals when you need to, it gives you the flexibility and confidence to enjoy the life you want after
work. Check if you're eligible below.
Enjoy life after work
Turn your super into an income stream, with the flexibility to make withdrawals when you need to.
Control how much and how often you are paid in Member Online.
As your money stays invested, your savings can keep growing, and you benefit from tax-free investment
earnings. There's also no tax on payments or withdrawals after you turn 60.
As a profit-for-members fund, we can give back profits to members as low fees and better services.
The default investment option for our Retirement Income account, Balanced, aims to produce long-term returns for our members. You can also choose from our other investment options.
Our Retirement Income account has won a number of awards, including Money magazine's Best Innovation – Retirement Innovator 2023. And it has regularly received the highest ratings by Chant West and SuperRatings.
Use our calculators to get a comprehensive view of your retirement income, including
the Age Pension.
Explore how a combination of different products may work for you over the course of your retirement.
Use our calculators to find out how much money you'll need in retirement, and how much you're on track to receive.
You may be eligible for a Retirement Bonus when you open a
Retirement Income account or Lifetime Pension. Log in to Member Online to see how much bonus you could get.
If you're already a QSuper account holder, it takes less than 10 minutes to sign up for an award-winning Retirement Income account through Member Online. Find out if you can become a member.
You can open a Retirement Income account if you meet at least one of the following conditions:
You'll also need a super balance of at least $30,000.
Not already a member? Find out if you're eligible.
More than 55,000 Australians have enjoyed retiring with QSuper products. Learn more.
The QSuper Product Disclosure Statement for Income Account and Lifetime Pension (PDS) (pdf) has more details on eligibility.
There is a limit on the total amount of superannuation you can transfer to a Retirement Income account. This is known as the transfer balance cap.
For the 2023-24 financial year, the transfer balance cap is set at $1.9 million.
This cap will be indexed, and increases will be in increments of $100,000. The amount of indexation that you'll be entitled to will depend on how much of your transfer balance cap you've used. If you meet or exceed your transfer balance cap, you won't be entitled to indexation.
If you have a number of income streams or pension accounts (not including Transition to Retirement Income accounts), either at QSuper or across multiple super funds, you need to be aware that your combined account balances will all count towards this limit. Special rules apply for lifetime pensions. Visit the Australian Taxation Office's website for more about the transfer balance cap.
If you go over the transfer balance cap, the ATO will let you know that you need to remove the excess amount, plus any associated investment earnings, from your Retirement Income account. They'll also apply tax on those earnings – see the PDS for more information on this.
You won't be considered as having gone over the cap if your Retirement Income account balance grows to more than $1.9 million due to investment earnings.
If you're concerned that this limit might impact your retirement plans, you should think about getting financial advice.
The Product Disclosure Statement for Income Account and Lifetime Pension (PDS) (pdf) has more details about our Retirement Income account, including how it works together with our Lifetime Pension.
Keep track of your super and get the latest information at your fingertips, with
Our Lifetime Pension is designed to work alongside our Retirement Income account, for a complete retirement solution with the financial security of an income for life.
Use our retirement planning calculators to compare the income you could receive from a
combination of Lifetime Pension and a Retirement Income account, or learn more about our Lifetime Pension.
Ask us to call you back to discuss your options for making the most of your super.
Professional advice can help you decide whether you'd benefit from our Retirement Income account and/or Lifetime Pension.
Joining an exclusive member seminar/webinar can help you make your super last and enjoy retirement more.
Start enjoying your retirement more with our award-winning account-based pension — it takes around 10 minutes to apply online. Not yet a member?
1. The Australian Retirement Trust QSuper Balanced option (Retirement Income account) has kept the same key features and investment strategy post the merger of QSuper and Sunsuper on 28 February 2022. Past performance is not a reliable indicator of future performance. Returns shown are based on disclosed unit prices and are compound annualised return, net of fees and tax. See unit prices for more information. See how the QSuper investment options have performed.
2. Awards and ratings are subject to change and only one factor to be taken into account when deciding to invest. Past performance is not a reliable indicator of future performance. See our awards page for more details.
3. Permanently retired means you do not intend to ever work 10 hours' or more per week in the future. This doesn't mean you could not return to part-time or full-time work if your circumstances change in the future.