Retirement income account

A retirement income account can allow you to invest all or part of your super to produce a tax-effective income stream.

These accounts are available to members who have reached preservation age and are permanently retired. The preservation age is 55 for individuals born before 1 July 1960 and gradually increases to age 60 for those born after 30 June 1964.

iStock 000046938604 DoubleAn LGS Account-Based Pension Plan offers a range of benefits including no entry or contribution fees, competitive management fees and flexible income levels.

You can also have your Account-Based Pension commuted or paid out as a lump sum at any time.

For more information, call our Member Services team on 1300 LGSUPER (1300 547 873) between 8.30am and 5.00pm, Monday to Friday.


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The information on this website is of a general nature only and does not take into account your personal objectives, situation or needs. You should consider obtaining professional financial, taxation and or legal advice tailored to your personal circumstances prior to making any financial decision.