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Personalise your QSuper Income account to meet your needs
Make the most out of your retirement by learning about some of the ways you can manage your QSuper Income account.
Your Income account is designed to be flexible, so you can choose from fortnightly, monthly, quarterly, half-yearly, or annual payments.
Keep in mind that minimum and maximum annual payment amounts could apply depending on your account type, age, and balance.1
Change income payments
While you can't make contributions to an Income account once it has been opened, you can close your current Income account and restart a new Income account with the total of your existing balance and the extra money.2
To do this, complete a Restart an Income account with more money (pdf) form.
Alternatively, you may be able to make contributions to an Accumulation account. Keep in mind the annual contribution limit.
Restart your account form (pdf)
You can make lump sum withdrawals from your Retirement Income account whenever you want to.3 To do this, log in to Member Online or send us a completed Make a Withdrawal from an Income Account (pdf) form.
Generally, you cannot make lump sum withdrawals if you have a Transition to Retirement Income account.
Make a withdrawal
If you want to merge two existing QSuper income streams, you can use our Restart an Income account with more money form (pdf) to create a new income stream with the combined total of both.
This is because income streams in super are legally only allowed to start, stop, or transfer out - they can't accept transfers of more money in.
If your combined total of both income streams is more than the transfer balance cap, don't worry. This is allowed, and creating the new Income account will close your existing income streams.
Whether you want us to manage your investments, or you want to select your own investment strategy, we offer a wide range of options to choose from.
You can change your investment strategy and choose which investment options you want your payments to come from through Member Online.
Your super does not automatically form part of your estate, even if you have an up-to-date Will.
To help you take control of who receives your money if you die, you can nominate a reversionary beneficiary or make a binding death benefit nomination.
Update your nomination
If you want to close your Income account and transfer your super back to an Accumulation account, you can do this in Member Online or using our withdrawal form (pdf). (Except if you have an Income account as a reversionary beneficiary, or as a death benefit income stream.)
You can also use this method if you wish to move to a different super fund - but before you switch super funds, make sure you know all the benefits of retiring with QSuper.
Make a withdrawal
Our Income account is regularly awarded the highest ratings from research agencies Chant West and SuperRatings.4
Deciding what is best for you will depend on your personal circumstances, and you may want to seek financial advice to get the most from your superannuation.