Retirement Savings Account

The Qantas Staff Credit Union Retirement Savings Account (RSA), are designed especially for those looking for security and flexibility for their Superannuation, Rollovers and Allocated Pensions.

QSCU's RSA offers you:

Security	Protection of being capital guaranteed. No negative returns.
No account keeping fees	No Annual Member fee, administration fees or investment management fees are charged. A withdrawal fee will apply if more than 4 withdrawals are made per year. A fee may apply for preparation of an actuarial certificate for an allocated pension.
Flexibility	A choice of lump sum benefit payments, or an allocated pension facility.
Comfort	The peace of mind that comes from knowing your retirement savings are in the care of your Qantas Staff Credit Union.

RSA's are Superannuation savings accounts and, as such, are subject to the same protections and benefits as a Superannuation fund. Utilise our RSA to assist in your retirement planning, both at retirement and during your working life. If you are currently working, considering retirement or leaving the service of your present employer, you are invited to consider the benefits and features available through our RSA.

An alternative choice in retirement planning

Because they operate strictly within the Superannuation environment, RSA's can offer you many attractive features, these include:

Concessional rate of tax applies to earnings
RSA's can accept rollovers of Superannuation benefits and therefore serve to defer any tax liability otherwise payable.
RSA's provide a high degree of security for the monies invested. The capital invested is guaranteed.
Benefits can be paid either as a lump sum or as an allocated pension income stream.
Allocated pensions may provide additional taxation benefits for many Members.
An employer contribution facility is also available.

Current interest rates

Daily Balance	Rate (before tax)	Rate (after tax) p.a.
$50,000 & over	4.25 %	3.6125 %
Below $50,000	3.25 %	2.7625 %
Allocated Pensions
$1 million & over	4.75 %	4.75 %
$500,000 to $999,999.999	4.50 %	4.50 %
Below $500,000	4.25 %	4.25 %

_{Rates current as at 21 December 2011}

More Information

How to Apply

An application form is available in our Retirement Savings Account Product Disclosure Statement.

_{This is general advice and has been prepared without taking into account your objectives, financial situation, or needs. Before acting on any advice you should consider its appropriateness to your circumstances. You should read and consider the Product Disclosure Statement (PDS) before opening an account.}