Retirement options with Rest

Rest Pension can help you reach your retirement goals - whether you're retired or still working. Choose from our Transition to Retirement account or Retirement account, depending on what stage of the retirement journey you're at.

Mature couple

Transition to retirement

If you're aged 59 or over, and are still working, a Rest Pension transition to retirement account can help you reduce your work hours without affecting your take home pay, or give your super a boost in the last years before you retire.

Pensioners

Ready to retire now?

Goodbye work and hello freedom. If you've stopped working, enjoy low fees, tax-effective investing and flexible paydays with an investment portfolio created by you.

Find out more

Two types of accounts. One exciting future.

Heading towards retirement? Get to know the difference between a Rest Pension Transition to Retirement account and a Rest Pension Retirement account.  

Rest Pension Retirement account Transition to Retirement account (TTR)
How much super do I need to open an account? $10,000 $10,000
Who can join? You've retired and have reached preservation age (the age you can access your super) You've have reached preservation age (the age you can access your super)
Is there a limit on how much I can transfer into my Rest Pension?

A general transfer balance cap of $1.7 million applies up to 30 June 2023.

From 1 July 2023, the general transfer balance cap will be $1.9 million.

The transfer balance cap amount is subject to indexation*

See Facts and Figures for more information.

No
How often do I receive payments? Fortnightly, monthly, quarterly, half-yearly or yearly Fortnightly, monthly, quarterly, half-yearly or yearly
How much can I take out each year?

Your choice as long as it is at or above the annual minimums set by the government. No maximum limit.

See Facts and Figures for more information.

At least the minimum limit set by the government, and a maximum of 10% of your account balance.

See Facts and Figures for more information.

How much tax will I pay on investment earnings?

Nil Up to 15% per annum
Rest Pension How much super do I need to open an account?
Retirement account $10,000
Transition to Retirement account (TTR) $10,000
Rest Pension Who can join?
Retirement account You've retired and have reached preservation age (the age you can access your super)
Transition to Retirement account (TTR) You've have reached preservation age (the age you can access your super)
Rest Pension Is there a limit on how much I can transfer into my Rest Pension?
Retirement account

A general transfer balance cap of $1.7 million applies up to 30 June 2023.

From 1 July 2023, the general transfer balance cap will be $1.9 million.

The transfer balance cap amount is subject to indexation*

See Facts and Figures for more information.

Transition to Retirement account (TTR) No
Rest Pension How often do I receive payments?
Retirement account Fortnightly, monthly, quarterly, half-yearly or yearly
Transition to Retirement account (TTR) Fortnightly, monthly, quarterly, half-yearly or yearly
Rest Pension How much can I take out each year?
Retirement account

Your choice as long as it is at or above the annual minimums set by the government. No maximum limit.

See Facts and Figures for more information.

Transition to Retirement account (TTR)

At least the minimum limit set by the government, and a maximum of 10% of your account balance.

See Facts and Figures for more information.

Rest Pension

How much tax will I pay on investment earnings?

Retirement account Nil
Transition to Retirement account (TTR) Up to 15% per annum

* The general transfer balance cap is reviewed each financial year and indexation occurs in line with the consumer price index in $100,000 increments. 

Mature woman retail mb

Retirement Bonus

Transfer your existing Rest Super, Rest Corporate or TTR account to a Rest Pension Retirement account, and you could start your retirement with a little extra.


Pensioner

Need advice?

Find out how a Rest Pension can work for you

Call us on 1300 183 361.