Superannuation Retirement Income Streams
There are several different types of Superannuation Income Streams available upon retirement, generally referred to as 'pensions'. The ones we will review include:
- Account Based Income Streams;
- Transition to Retirement Income Streams;
- Lifetime Income Streams; and
- Fixed Term Income Streams.
Note: Some people may hold a Term Allocated ('Market Linked') pension which had certain Centrelink and superannuation taxation advantages under previous laws. These are generally no longer available to new investors.