Do I have to take my benefit as a lump sum from AvSuper?
No. When you are eligible to withdraw your super, you can leave it in AvSuper, take it as a lump sum or purchase an AvSuper retirement income stream, as described in the income stream section of our website. We also offer transition to retirement income streams if you are still working after reaching your preservation age.
Related Questions
- Can an affected benefit recipient receiving a monthly benefit repay the overpaid amount in some manner other than a lump sum or actuarial reduction (e.g., equal payments over five years)?
- As an affected retiree, can I repay the overpaid amount in a lump sum and will that lessen the monthly reduction to my benefit?
- What is a lump sum death benefit?