To access your super savings, generally you need to have reached your preservation age and permanently retired from work.
Your preservation age is 55 if you were born before 1 July 1960. Higher preservation ages apply to younger people.
|Date of birth
|Before 1 July 1960
|1 July 1960 - 30 June 1961
|1 July 1961 – 30 June 1962
|1 July 1962 – 30 June 1963
|1 July 1963 – 30 June 1964
|After 1 July 1964
Open a retirement income account
A retirement income account is a great way to get an ongoing income, as well as flexibility of having income payments and being able to make lump sum withdrawals.
A About retirement income accounts gives you a regular income paid into your bank account. You can also use your income payments to top up your Government Age Pension payments.
You don’t have to be retired to open a retirement income account. If you’re over 55, you can access some of your super by starting a transition to retirement strategy.
How to make a lump-sum withdrawal
To withdraw your super as a lump sum, you can either:
- Log into your account and complete the Benefit payment form
- Call us on 1300 300 273 weekdays between 8.00am and 8.00pm (AEST/AEDT) and we’ll send you:
- A quote of your account balance
- An application form.
If you call and request an application form, you’ll then need to complete and return it along with any documents requested, including your proof of identity.