Please select a category	OR	Enter your question/keywords
All Access to super and income stream payments Contributions Income stream fees Insurance Investment options Minimum and maximum income stream amounts Retirement Income Stream and TRIS Setting up an income stream Statements Taxation

Question

If I start a First State Super income stream, how much income will I receive?

Answer

The Federal Government requires you to take a minimum income payment each financial year. This amount will be calculated on a pro-rata basis if you open your income stream account part way through the year. No minimum payment will apply for that year if you open your income stream account in June. A maximum amount applies to transition to retirement income streams. The limits are based on the type of income stream you have, the amount you have invested in your income stream account and your age. They apply for the whole of the financial year, regardless of changes to the value of your account or any lump sum withdrawals you make. Click here to find out more.

Visit our calculators page to estimate your minimum (and maximum) amounts.

Was this information helpful? Yes Somewhat No

How can we improve this answer for you?

Back to Income stream FAQ Index