Minimum superannuation drawdown rates
You can control how much you pay yourself each year from your Retirement Income account or Transition to Retirement Income account, but you need to get at least the minimum amount set by the government.
Your minimum payment amount is a percentage of your Income account balance as at the start of the financial year, or the date your Income account started, if it's later.1
| Age |
Minimum drawdown rates |
| 55-64 |
4% |
| 65-74 |
5% |
| 75-79 |
6% |
| 80-84 |
7% |
| 85-89 |
9% |
| 90-94 |
11% |
| 95 or more |
14% |
Maximum superannuation drawdown rates
If you have a Transition to Retirement Income account, you can't get more than 10% of your account balance each financial year.
There is no maximum withdrawal limit if you have a Retirement Income account, so you can get any amount, up to the total balance of your account.