Our award-winning 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 the eligibility conditions below.

Enjoy life after work

Your super income stream

Turn your super into income

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.

Potential tax benefits

As your money stays invested, your savings can keep growing, and you benefit from tax-free investment earnings. And there's no tax on payments or withdrawals after you turn 60.

We believe in keeping fees low

As a profit-for-members fund, we're committed to returning profits to members as lower fees and better services.


Focused on strong long-term returns

The default investment option for our Retirement Income account, Balanced, aims to produce strong long-term returns for our members.

This is driven by our investment approach that aims to provide consistent growth with a smoother ride.

10-year annual return - Balanced option1

8.82% p.a.

As at 30 June 2022


An account that comes highly rated2

Our Retirement Income account has won a number of awards, including Money magazine's Best Innovation – Retirement Innovator 2023. And it's regularly given the highest ratings by Chant West and SuperRatings.3



Use our calculators to get a comprehensive view of your retirement income, including the Age Pension.

Retirement Calculator

Retirement Calculator

Explore how a combination of different products may work for you over the course of your retirement.

Retirement Calculator

Super and retirement planning calculators

Find out how much money you'll need in retirement, and how much you're on track to receive.

Super Account

Open your Retirement Income account

If you're already a QSuper member, 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.

QSuper’s Retirement Income account

Learn the benefits of turning your super into a retirement income stream with regular payments, one-off withdrawals, and potential tax savings.

FAQs about our retirement income streams Show all Hide all

You can open a Retirement Income account if you meet at least one of the following conditions:

If you're not already a member, find out if you're eligible

You will also need to have a super balance of at least $30,000.

Find out why more than 51,000 Australians have enjoyed retiring with QSuper products.

For more details, see the product disclosure statement (PDS).

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 2022-23 financial year, the transfer balance cap is set at $1.7 million.

This cap will be indexed, and increases will be in increments of $100,000. The amount of indexation that you will be entitled to will depend on how much of your transfer balance cap you have used. If you meet or exceed your transfer balance cap, you will not 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 will also apply tax on those earnings. For a first breach, you will be subject to 15% tax, with subsequent breaches subject to 30% tax.

You will not be considered as having gone over the cap if your Retirement Income account balance grows to more than $1.7 million due to investment earnings.

If you're concerned that this limit might impact your retirement plans, you should seek financial advice.

For more details about our Retirement Income account, including how it works together with our Lifetime Pension, see the product disclosure statement (PDS).

You're just a click or a tap away from your super anytime, anywhere

Keep track of your super and get the latest information at your fingertips, with our app or Member Online.

Lifetime pension and Income account icon

Lifetime Pension + Retirement Income account

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 Lifetime Pension.

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Discuss your options

Ask us to call you back to discuss our options for making the most of your super.

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Get advice

Professional advice can help you decide whether you'd benefit from our Retirement Income account and/or Lifetime Pension.

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Joining an exclusive member seminar/webinar can help you make your super last and enjoy retirement more.

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1. Past performance may not be a reliable indicator of future performance. The QSuper Retirement Income account, Balanced option only. The return is a compound annualised return reflected after fees and costs, and tax. Disclosed/reported investment returns reflect the returns of the investment option and not individual members, as they do not take into account the timing of contributions, investment switches, or withdrawals.

2. Based on those who've received Pension Fund awards from Money magazine, SuperRatings, Chant West, and Conexus Financial between 2015 and 2023 and awards given to the QSuper Lifetime Pension from its launch in 2021 onwards. These awards are solely statements of opinion and do not represent a recommendation to purchase, hold, or sell any securities, or make any other investment decisions. Ratings are subject to change. Ratings, awards, or investment returns are only one factor that you should consider when deciding how to invest your super. Past performance may not be a reliable indicator of future performance. Visit our awards page for more details. Many of these awards were received before QSuper became part of Australian Retirement Trust on 28 February 2022. The QSuper products that received these awards have kept the same key features post-merger. 

3. Money magazine awards are solely a statement of opinion and do not represent a recommendation to purchase, hold, or sell this product, or make any other investment decisions. Ratings are subject to change. Ratings are only one factor to be taken into account when deciding to invest. Past performance is not a reliable indicator of future performance. Go to moneymag.com.au for details of its ratings criteria.

Chant West rating: © Zenith CW Pty Ltd ABN 20 639 121 403 (Chant West), Authorised Representative of Zenith Investment Partners Pty Ltd ABN 27 103 132 672, AFSL 226872/AFS Rep No. 1280401. Chant West Awards issued 2022 and determined using proprietary methodologies based on data from third parties and subject to copyright. Chant West does not accept any liability arising from use of its awards. Awards are solely statements of opinion and do not represent recommendations to purchase, hold or sell product(s) or make any other investment decisions. To the extent the awards constitute advice, it is general advice only without taking into consideration the objectives, financial situation or needs, including target markets of financial products. You should consider your personal circumstances, read the PDS or offer document and seek independent financial advice before making investment decisions. Past performance is not an indication of future performance. Awards are current for 12 months from the date awarded and subject to change at any time. Go to www.chantwest.com.au for full information on Chant West's research methodology, processes, ratings definitions and Financial Services Guide.

Based on the Balanced investment option. SuperRatings Fundamentals report as at 2023. The rating is issued by SuperRatings Pty Ltd ABN 95 100 192 283 AFSL 311880 (SuperRatings). Ratings are general advice only and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and SuperRatings assumes no obligation to update. SuperRatings uses objective criteria and receives a fee for publishing awards. Visit superratings.com.au for ratings information and to access the full report. © 2023 SuperRatings. All rights reserved.
4. 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.