If you’re thinking about retirement, our account-based pension is a flexible and tax-effective way to convert your lump sum retirement benefit into a regular income stream. You may also qualify for special treatment under the income test for the government age pension.
An income stream if you’re under 60
If you take your superannuation as an income stream, you can defer or minimise the tax you would otherwise pay if you took it as a lump sum at that time.
A tax-free income stream if you’re over 60
You pay no tax on payments received from an income stream established with super.
Benefits at a glance - NGS Super Income Account
Choice of amount
Choose the amount of your payment (above the minimum set by government). You can vary payments at any time.
Choice of frequency
Decide how often you receive your payments provided they are paid at least annually.
Access any time
Withdraw (commute) the full value of your account at any time, or make partial withdrawals.
The account-based pension is designed to conform to the legal requirements to qualify for special tax treatment.
Find out more about great benefits and advantages for NGS Super account-based pensions.
To make an appointment please call 1300 133 177 between 8am and 8pm (AEST/AEDT) Monday to Friday or complete the online form below and one of our staff will call you back.