Manage your pension

Pension income payment options

Bag of money

Make a lump sum withdrawal

Two people high-fiving

Pension beneficiaries

Manage your pension

Not sure where to start? Here’s everything you need to know about managing your pension account.

Pension income payment options

So, your pension account is all set up and ready to go... but how much of your money can you withdraw? And how often can you access it?

Make a lump sum withdrawal

In addition to regular pension income payments, you may be able to make lump sum withdrawals, which is a one-off payment for a minimum amount of $1,000.

Pension beneficiaries

There are two ways your GuildPension account balance can be paid to your beneficiaries. Find out the difference between the two options.

Tax and your pension

Most GuildPension payments are tax-free if you’re over the age of 60. But there are some exceptions where tax will apply.

Page last updated 27 November 2023