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

Can I use money that is not from superannuation to set up a First State Super income stream account?

Answer

To set up either a First State Super Retirement Income Stream or Transition to Retirement Income Stream you must have a superannuation benefit of at least $20,000.

If you would like to use money that is not in the superannuation system to set up a First State Super income stream account, you may consider making a contribution to a superannuation account before opening an income stream account. We recommend that you consult a licensed or authorised financial adviser in regard to your personal circumstances.

Contribution restrictions currently apply if you are over the age of 65. Click here to find out more.

Was this information helpful? Yes Somewhat No

How can we improve this answer for you?

Back to Income stream FAQ Index