Retire with Super
How to retire with Super SA
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One of the biggest choices you’ll make in retirement is how to use your super – and with Super SA, you’ve got flexible options to help you make the most of what comes next.
What happens to your super when you retire?
Your super account doesn’t automatically close when you stop working. Once you’ve met a condition of release (like turning 60 and retiring), you’ll have a few different options for what to do with your super.
Generally, most people at this stage of life are thinking carefully about the best way to access their super. How you choose to do it often depends on:
- How much money you’ll need
- When you’ll need that money
- Whether you prefer to take it all at once, access lump sums occasionally or receive regular payments.
Your super can stay invested
Even after you stop working, your super can keep working for you.
With Super SA, your super remains invested and can continue to earn returns, helping you make the most of your savings throughout retirement.
You can:
- Choose investment options that suit your goals, timeframes and risk appetite
- Adjust your strategy as your needs change
- Access support and tools to help guide your decisions
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Your options for accessing super
If you’d like your super to stay in a fund where it can keep working for you, Super SA offers flexible ways to access your money once you retire. To keep things simple, we’ve outlined the most common options available to Triple S members.
Start an Income Stream
If you’d like regular payments or the flexibility to take out lump sums, this could be an option for you.
- Open a Retirement Income Stream account using funds from your Triple S account
- Minimum opening balance of $30,000
- Set up regular tax-free payments
- Withdraw lump sums when needed
- Choose how your balance is invested
- 15% tax applied on the untaxed component when transferring funds to the Income Stream account1
- Enjoy tax-free investment earnings
Transfer to Flexible Rollover Product (FRP)
Looking for flexibility with lump sum withdrawals and the ability to keep contributing? This option may also suit members who want to maintain Death and Total & Permanent Disablement (TPD) insurance – something not available within Triple S once you retire.
- Open a Flexible Rollover Product (FRP) account with funds from your Triple S account
- 15% tax applied on the untaxed component when transferring funds to FRP1
- Tax-free withdrawals from age 60
- Option to transfer Death and TPD insurance from Triple S (within 60 days of leaving your public service employment)
Withdraw directly from your Triple S account
Prefer to only access funds occasionally without opening a new account? This option allows one withdrawal per year.
- From age 65, make one partial cash withdrawal per year
- 15% tax plus 2% Medicare levy applied to the untaxed component at the time of withdrawal2
- Your remaining super stays invested
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More support when you need it
When you're ready to take the next step, we're here to help.
Our Retirement Support Service is designed to give you the support, information and tools you need to make informed decisions about your retirement. Whether you want to talk things through with a real person or explore things at your own pace, we've got you covered.
Member education sessions
One-on-one support
Retirement calculators
Estimate your future balance and run projections to help you plan ahead »
Helpful articles
Learn more about retirement planning
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2 If under the age of 60, 30% tax plus 2% Medicare levy applied. Taxable (untaxed) amounts over $1,865,000 (for the 2025-26 financial year) will be taxed at the top marginal rate plus the Medicare levy.