Make a Withdrawal from an Accumulation Account. Accumulation account; Transition to Retirement Income account; Retirement Income account. Early withdrawal for disability or financial hardship. Download . Change payment frequency and amount. If your super balance is more than $5,000, you will . View our forms for claims, withdrawals, and transfers out. When you're ready, retire with QSuper. This minimum balance will apply unless you are withdrawing all of your funds and closing your account, or if you have money in Self Invest. Self Invest is closing to new investors. You don’t need to use. To keep Self Invest open, you need a minimum of $10,000 invested in one or more of the other QSuper investment options through your Option 2 – Transfer my funds to a QSuper Accumulation account My existing QSuper Accumulation account number: If you don’t have an Accumulation account yet You can open a QSuper Accumulation account in Member Online (memberonline. There are also tax advantages to super, making it one of the most tax-effective ways. If we already have your TFN, you do not need to give it to us again. 1. 1. 1. au This form and all QSuper products are issued by Australian Retirement Trust Pty Ltd (ABN 88 010 720 840, AFSL 228975) as trustee for Australian Retirement Trust (ABN 60. Home owner. Withdraw your super; Seminars and education;. It must be read in conjunction with Part A of this PDS. Once opened, we will pay your insurance benefit into this. You may be able to do this by having an QSuper Accumulation account open for contributions, while supplementing your reduced income with payments from your QSuper Transition to Retirement Income account. That. More reasons to feel good. If you’re not eligible, find out about other products offered by Australian Retirement Trust. your Accumulation account and wait until all your money is . Transfer Your Defined Benefit to an. 1. qld. (PDS) available at qsuper. g. Mon-Fri 8. If you have money in Self Invest, you need to keep a minimum of $10,000 (Accumulation accounts) or at least 13 months’ worth of income payments. You may also be eligible to claim a tax deduction. 06 March 2023 3 min read. From 1 July 2022 the administration fees that a member pays pay from any of their QSuper Accumulation accounts and Income accounts, and those deducted from the QSuper Lifetime Pension pool, were reduced from 0. Open an Accumulation Account for Lifetime Pension applicants (pdf). View Focus 1 Dashboard. Under the changes, from 1 July 2021, account balance conditions apply if you have more than $1. of Intent to Claim or Vary a Deduction for Personal Super Contributions form before this money is transferred out of your Accumulation account. 6. gov. 1300 360 750. Retire with confidence with QSuper, part of Australian Retirement Trust (ART). Death Benefit Claim Guide (pdf) Find out how to make a death benefit claim. Based on the Balanced investment option. You can check the asset allocation for each by selecting the account type. I have an existing QSuper Accumulation account. 15% per annum from 1 July 2022. Withdraw your super; Seminars and education. The graph shown above is based on unit prices, which are net of fees and taxes. It's easy, and you have 5 options for how to make a voluntary contribution to your Accumulation account: Payroll: Contact your employer’s payroll office to see if they offer this service. Pension, you will also need to complete the Open an Income Account and/or Lifetime Pension form at the back. Spouse Deposit. The Retirement Bonus is a tax saving we pay you (if eligible), when you move money from our Accumulation or Transition to Retirement Income account, to our Retirement Income account and/or Lifetime Pension. 4. If you are under 60 years of age, tax may apply on any withdrawals depending on your age, and the tax-free and taxable components of your superannuation. QSuper Member Online is a secure member site owned by Australian Retirement Trust Pty Ltd ('Trustee') (ABN 88 010 720 840, AFSL 228975) as trustee for Australian Retirement Trust ('the Fund') (ABN 60 905 115. Use this form to rollover some or all of your QSuper Accumulation or Income account to another super fund or SMSF. apply unless you. 2. This includes a 12. Assets. Please refer to the QSuper. Total and permanent disability (TPD) insurance pays you a lump sum if you are unlikely to ever be able to work again due to illness or injury. Accumulation Account Guide About QSuper’s Accumulation account Welcome to QSuper We’re a profit-for-member fund, and everything we do is to benefit our members. Or call us on on 1300 360 750 and we’ll send you a copy. Check if you're eligible below. Before your client consolidates their super, they should consider if withdrawing savings from. Use this form if you're at your preservation age and want to withdraw some super. Does closing Self Invest impact the annual access fees I'm paying, or any other fees or costs such as brokerage? 1300 360 750. When we pay your super to your chosen beneficiaries, it will include any death cover you may have had through your Accumulation account. Consolidate now. We apologise for any inconvenience. Download. gov. 2. Longer-term returns remain strong,. Super. 1300 360 750. We calculate unit prices every. This is because the accounts are bundled together under. • This product is designed for consumers within Australia in accordance with Australian laws and regulations. If you need to access your super, we'll ask you for a valid form of identity (ID). Assumes no withdrawals, no switching and no insurance premiums. • I’ve read the Defined Benefit Account Guide. Lifetime Pension Retirement Income account Enjoy retirement with regular income payments. International +61 7 3239 1004. The maximum is $5 million. Option 1 – Open a QSuper Accumulation account You can elect to transfer your benefit to an Accumulation account. You can check the asset allocation for each by selecting the account type. Default option for members with an Accumulation account who have not made an investment choice. gov. Withdrawal From An Accumulation Account; Pension Refresh Strategy; All withdrawals must be made proportionately. Why QSuper? A focus on long-term performance. 1. Then you can return. When you turn 65 years old and/or retire, you can open a Retirement Income account with a minimum of $30,000. This minimum balance will apply unless you are withdrawing all of your funds and closing your account, or if you have money in Self Invest. Accumulation account Transition to Retirement Income account. To make a withdrawal, fill out a Make a Withdrawal from an Accumulation Account form, available on our website at at qsuper. If you're age 60 or over, it's tax-free. Mon-Fri 8. This minimum balance will apply unless you are withdrawing all of your funds and closing your account, or if you have money in Self Invest. Use this form to rollover some or all of your QSuper Accumulation or Income account to another super fund or SMSF. Open a QSuper account. need to complete the Accumulation Account DepartingOnce you've reached the age you can withdraw your super, there are a number of ways to draw on your retirement savings. With advice available online and over the phone, it's only a call or a few clicks away. More reasons to feel good. 3. As part of a profit-for-members fund, everything we do is for our members – so we provide insurance for when life doesn't go to plan. A Retirement Income account can help maximise your savings, with tax-free investment earnings and no tax on payments or withdrawals after you turn 60. The benefits of consolidating your super into one account may include:: Paying fewer fees: Having your super in one account could mean fewer fees; Less paperwork: One super account means one statement; Easier tracking: One super account may make your super easier to. This minimum balance will apply unless you are withdrawing all of your funds and closing your account, or if you have money in Self Invest. 210 means 21% of your final salary. In the Accumulation account, you can (if eligible): • Receive contributions and make voluntary contributions • Receive transfers from other super accounts • Receive employer contributions • Make lump sum withdrawals. g. 31,545. Award-winning. Designed for people who are still working. Mon-Fri 8. Just choose your enquiry type, and type your message and personal details below. qld. Allocation 4. If you don't have a QSuper account, you can apply to join QSuper online if your spouse has a QSuper account. • Have a superannuation balance of at least $30,000 at commencement. Option 1 – Open a QSuper Accumulation account You can elect to transfer your benefit to an Accumulation account. Accumulation Account Guide About QSuper’s Accumulation account Welcome to QSuper For over 100 years, QSuper has looked after the people who look after Queensland. $67. 15% per annum from 1 July 2022. Set a budget. There are no exit fees for partial lump sum withdrawals. Try it now. Open a QSuper account. Up to the automatic acceptance limit. This minimum balance will apply unless you are withdrawing all of your funds and closing your account. QSuper Accumulation account when you make a lump sum withdrawal. 15% per annum1 • The administration fee cap will be reduced from $900 toFrom 1 July 2023, we’ve made some changes to the insurance we offer through your Accumulation account that may affect you. Click on Claim a tax deduction and follow the prompts. 1. Use this form to cancel the income protection, TPD, or death cover you hold through an Accumulation account. Deposit and contribution forms. Proof of identity. Today, we are one of the largest superannuation funds in Australia1 and look after the retirement savings of over 577,000 members. Withdraw your super;. Accumulation account (if applicable)? No, I don’t want to withdraw money. au This form and all QSuper products are issued by Australian Retirement Trust Pty Ltd (ABN 88 010 720 840, AFSL 228975) (Trustee) as trustee for Australian Retirement Trust (ABN 60 905 115 063) (Fund). To keep Self Invest open, you need a minimum of $10,000 invested in one or more of the other QSuper investment options through your QSuper Accumulation account when you make a lump sum withdrawal. This Accumulation Account Guide provides details about the QSuper Accumulation account product, and other important topics like how fees and taxation apply to the. If they want to open a QSuper retirement product, they can do this in Member Online. The table below shows the different percentage rates of your salary you can contribute and how this grows your multiple. We’d love to hear from you. Withdraw your superFor QSuper account holders, this means that from 1 July 2022, the administration fees that you pay from any of your QSuper Accumulation account (s) and Income account (s), and those deducted from the QSuper Lifetime Pension pool, will be reduced from 0. Depending on your superannuation provider, if you satisfy your condition of release, you may also be able to consider making ad-hoc withdrawals from your super account. It’s a popular and tax-effective way to access your super. Proof of identity. Past performance is not a reliable indicator of future. More reasons to feel good. QSuper Product Disclosure Statement for Income Account and Lifetime Pension (pdf) Understand the features, benefits, and risks before opening one of our retirement products. We're awarded for providing value for our members, from your working life through to enjoying retirement. Income account and Lifetime Pension. A Retirement Income account can help maximise your savings, with tax-free investment earnings and no tax on payments or withdrawals after you turn 60. When can you access your super; Withdraw your super; Seminars and education. Your age How much super you can withdraw Eligibility notes; Under 65: $1,000 - $10,000 before tax. Tax-free investment returns over age 60 (generally) Tax-free withdrawals over age 60. If you don’t tell us a date, we’ll use the unit price applicable on the date we receive your request for information. QSuper Accumulation account when you make a lump sum withdrawal. • Withdraw your benefit as cash. Give this completed form to your new employer so they can contribute to your QSuper account. Withdraw your super• Through QSuper by completing the attached Accumulation Account Departing Temporary Resident Claim form, or • The quickest way to claim is directly through the Australian Taxation Office (ATO). Other details. 4. When you retire and reach the age you can access your super, you can either leave the money in your Accumulation account and make withdrawals when you need to, and/or use the money for a Retirement Income account and/or a. Explore ways to personalise your QSuper Income account to suit your needs. 2 Request to transfer your SMSF money to QSuper by using any of the following options: Option 1 Ask QSuper to arrange the transfer of money fromTogether it's more super. a. $67. Grow your super Salary sacrifice Super co-contribution Voluntary contributions. 65 or over. decide to withdraw your benefit as a lump sum, we will pay it into your nominated Australian bank, credit union, or building society account. Withdraw your superIf you are withdrawing your total Accumulation account balance, and would like to keep your QSuper Accumulation account open, you can choose to keep a balance of $100. Log in. To keep Self Invest open, you need a minimum of $10,000 invested in one or more of the other QSuper investment options through your1. Applications from outside1. Make a Withdrawal from an Accumulation Account. A new era in our long history has begun, with the official merger of QSuper and Sunsuper to create Australian Retirement Trust - one of the nation’s largest super funds. The Chant West data is based on information provided by third parties that is believed to be accurate at 30 June 2019. The QSuper Balanced Accumulation option returned 2. We’ve made it easy for you to make changes to the investment strategy in your QSuper Accumulation account. Accumulation account claim form - QSuper - Queensland Government. Your TFN. They don't have to wait until age 25 and over. under age 55 and have resigned and choose to transfer your State or Police account to your QSuper Accumulation account, your benefit is preserved, which means you can’t withdraw any of it as cash until you retire. A Retirement Income account can help maximise your savings, with tax-free investment earnings and no tax on payments or withdrawals after you turn 60. If your Accumulation and/or Income account balance is under $6,000, your fees (including all admin and investment fees and costs, and transaction costs) are capped at 3% of your account balance. The increase brings minimum drawdown rates back to their usual pre. accounts in your name so that you receive all your super benefits when you retire. Proving your identity; Withdraw your super; Seminars and education. If you end an employment arrangement on or after age 60, you can also access the super you've earned up until then. This minimum balance will apply unless you are withdrawing all of your funds and closing your account, or if you have money in Self Invest. The total approximate opening balance of my new Income account. Orders that are placed for a term deposit before the cut off time (AEST 3. This means after investment fees and costs, transaction costs, and investment taxes. Residential addressWould you like to make a withdrawal from your . Alex puts the $200,000 into super as a non-concessional (after-tax) contribution, using the bring-forward rules to. Simply log in to Member Online or download the QSuper app, to. 3. Australian Retirement Trust is the super fund formed through the merger of QSuper and Sunsuper. For a terminal medical condition, it’s tax-free to withdraw a lump sum within 24 months. 2. Object moved to here. Take your QSuper account with you when you change jobs by giving your new employer your QSuper details. There are also tax advantages to super, making it one of the most tax-effective ways. 9% for the Lifecycle option's Balanced Pool, and 11. 9% for the Lifecycle option's Balanced Pool, and 11. 100%. Our PDS and range of helpful guides contain everything you need to know about our Accumulation and Income accounts. a. Claim and withdrawal forms. keep a minimum account balance of $10,000 if you wish to keep an Accumulation account open. Option 2 – Partial transfer and keep account I want to keep my QSuper Accumulation account or Income account open. Use our retirement products on their own or in a combination that suits your super. 6. Past performance is not a reliable indicator of. To obtain the investment option returns within a TTR income account prior to 1 July 2017, please refer to the standard Income account unit prices. 16% to 0. Amount $ , ,Open a QSuper account. You must keep a minimum balance of $6,000 in an Accumulation account. 1 Investment limits Term deposits Single term deposit – $5,000 to $5 million Shares S&P/ASX 300 and ETFs Maximum share and ETF exposure – 85% of your QSuper Accumulation or Retirement Income account balance. 00am to 6. 1. Accumulation account; Transition to Retirement Income account; Retirement Income account ; Lifetime PensionComplete this form if you want to make either a lump sum withdrawal from your Income account, or transfer funds from your Retirement Income account or Transition to. You can open a Retirement Income account and/or Lifetime Pension by transferring some or all of your money from your Super Savings Accumulation account. Before completing this claim form, please read theQSuper Accumulation account when you make a lump sum withdrawal. If you don’t have an Accumulation account If you don’t have an Accumulation account when your claim is approved you will need to open an Accumulation account. This decision to reduce fees is subject to confirmation by the. Download . 3. Accumulation account (if applicable)? No, I don’t want to withdraw money. Australian Retirement Trust is proud to take care of over $200 billion in retirement savings for more. QSuper Member Online is a secure member site owned by Australian Retirement Trust Pty Ltd ('Trustee') (ABN 88 010 720 840, AFSL 228975) as trustee for Australian Retirement Trust ('the Fund') (ABN 60 905. QSuper Accumulation account when you make a lump sum withdrawal. To keep Self Invest open, you need a minimum of $10,000 invested in one or more of the other QSuper investment options. 00pm AEST. To obtain the investment option returns within a TTR income account prior to 1 July 2017, please refer to the standard Income account unit prices. Award-winning. 6. Why retire with QSuper. 2. If you have more than one Accumulation account, please . 1. If you are . Make a Withdrawal from an Accumulation Account. 00am to 6. Withdraw your super; Seminars and education; Investments Hide. If you choose to make a beneficiary nomination, there are two main options: Accumulation account holders can make a binding death benefit nomination as to who they would like to receive their super (and any insurance benefit they may have) in the event of their death. 2. You can access your super as: An income stream, by opening a QSuper Retirement Income account and/or a QSuper Lifetime Pension; A lump sum withdrawal, or ; A combination of both. These terms and conditions apply to QSuper Member Online and the QSuper app ('Member Online'), and your use of and access to these services. Retirement accounts . Withdraw your superEmail [email protected] Projection Calculator. When you're ready, retire with QSuper. Death Benefit Claim Guide (pdf) Find out how to make a death benefit claim. QSuper account holders are now. 1 (if we know you by another name) Date of birth (dd/mm/yyyy) / / Home phone number Mobile phone number Work phone number. 100%. 16% to 0. Use this form if you're at your preservation age and want to withdraw some super. Hear insights from QSuper’s panel discussion about the forces that may influence investment and risk in a post-pandemic world. Australians are living longer than ever before, so depending on when you retire, you could rely on your super savings for up to 20 years. 00pm AEST. This minimum balance will . Last name. Stapling aims to reduce unintended multiple accounts. Accumulation account Transition to Retirement Income account. From 1 July 2017 investment earnings are no longer tax free, so are the same as those in the Accumulation account. This document is Part B of the QSuper Product Disclosure Statement for Income Account and Lifetime Pension (PDS). Application to Transfer My Insurance to QSuper. Guides. Transfer your cover from another insurer or super fund to your QSuper account. Why QSuper? A focus on long-term performance. The more you’ve invested in<br />If you have a Defined Benefit account and you accept a redundancy package, your benefit will usually be transferred to a QSuper Accumulation account. We take out any relevant fees, costs, and taxes from the daily unit price before publishing it, so you don't need to account for that in your calculation. We're honoured to have received SuperRatings ' 15-year Platinum rating. Wrong. So an Income account can be helpful because it allows withdrawals at any time. 2. I confirm I've received, read and understood. our Super Savings Balanced option returned 10% for Accumulation accounts, 9. 8am–6pm AEST. Mon-Fri 8. 3. So your balance will be ‘deemed’ to earn a certain amount of income based on the balance at 1 July each year. How those changes might impact you depends on your age, cover amount and employment details (including occupational rating). USI (Unique superannuation identifier) QSuper accounts: 60905115063001. QSuper Accumulation account when you make a lump sum withdrawal. Award-winning. The Australian Retirement Trust QSuper Balanced option (Accumulation account) has kept the same key features and investment strategy post-merger. 00am to 6. Regular income payments. Use this form to cancel the income protection, TPD, or death cover you hold through an Accumulation account. Find out more about your insurance and COVID-19. Nominate who gets your super Find out who you can leave your super to when you pass away and make sure your loved ones are provided for. 26 May 2014 - Lifetime Outlook, Lifetime Aspire, and Lifetime Focus. QInvest Limited (ABN 35 063 511 580, AFSL 238274) is a separate legal entity responsible for the financial services it provides. Our app is designed for members with a QSuper account. Grow your super Salary sacrifice Super co-contribution Voluntary contributions. While term deposits generally can't be broken, you may be granted access to withdraw or transfer your super due to special circumstances. account? If you have withdrawn part of your super as a lump sum, or transferred out part of your Accumulation account balance (e. 26 March 2021 5 min read. To do this, complete a Restart an Income account form (pdf). Your Police account remains open until you are no longer employed as a Police officer, or you decide to transfer to another type of QSuper account. You generally need to be retired or 65 years old to open our Income account. Salary sacrifice; Super co-contribution. Otherwise, there are 2 forms that you need to fill out. Past performance is not a reliable indicator of future performance. Manage your Income account. 15% per annum from 1 July 2022. au Title First name. 1. Use this form if you're at your preservation age and want to withdraw some super. If you want to move all your money to the Accumulation account at once, you can ask us to transfer your employer's part as well, but it will be slightly discounted. We’re one of Australia’s largest super funds and proud to take care of over $200 billion in retirement savings for more than two million members. Maximum superannuation drawdown rates. Withdraw your super; Seminars and education. To obtain the investment option returns within a TTR income account prior to 1 July 2017, please refer to the standard Income account unit prices. Make a Withdrawal from an Accumulation Account. g. Prepared and issued by the QSuper Board ABN. Super. However, in most cases, your new employer can contribute to a QSuper Accumulation account for you. Award-winning Money magazine’s Best Retirement Innovator. For every $50,000 you have in the superannuation product you will be charged or have deducted from your investment $110 in administration fees and costs. qld. 26 May 2014 - Lifetime Outlook, Lifetime Aspire, and Lifetime Focus. Ranges. QSuper Accumulation account when you make a . If you don’t have one yet, please apply first at qsuper. Option 1 – Claim through QSuper. If you have multiple super funds and . Read our Defined Benefit Guide (pdf) 1. au Fax 1300 242 070 Website qsuper. decide to withdraw your benefit as a lump sum, we will pay it into your nominated Australian bank, credit union, or building society account. In the event the Trustee suspends unit prices on any or all. qld. 00pm AEST. 15% per annum. Super. We strive to help each of our members make the most of Your Accumulation account gives you the flexibility to select your own investment options and choose the insurance cover that’s right for you. Turn your super into regular payments using a retirement income stream. Insurance premiums for QSuper Accumulation accounts changed on 1 July 2023. qld. 2. gov. If you’ve reached. So we provide a rebate if you pay more than $875 across your Accumulation and Income account/s. Your TFN. Transition to Retirement Income account;. Learn more about how your super is taxed. Eddie has just retired from work and has no intention of returning to full-time or part-time work ever again. financial hardship, compassionate grounds, terminal medical condition, or total and. Defined Benefit Account Guide (including. Start making voluntary contributions to your super from your. Early withdrawal for disability or financial hardship. Please refer to the QSuper Investment Guide (pdf) for. Accumulation account and Income account As Accumulation and Income accounts are unit-based, we multiply the number of units in the account by the unit price applicable on the valuation date you nominate. Lump sum withdrawals are generally not available for Accumulation unless retired or early access (e. Award-winning. If your QSuper Accumulation account and QSuper Income account balances are less than $6,000 at the end of the financial year (30 June), certain administration and investment fees and costs charged to you are capped at 3% of the account balance. Other publications. From 1 July 2017 investment earnings are no longer tax free, so are the same as those in the Accumulation account. Your super balance is taken into account by Centrelink when calculating your Age Pension amount and withdrawing a lump sum could affect your payments and have tax implications. Find the best retirement account to suit your lifestyle today. Australian Retirement Trust. PLUS Investment fees and costs. QSuper Defined Benefit members aged between 60-64 years old have an average QSuper total balance of $544,187 as at 30 June 2020. 5. That you must start a pension to withdraw money.