An annuity is a contract with a life insurance company that will pay you a guaranteed, regular pension income for life in return for a capital sum. The capital sum comes from your retirement fund. You will pay income tax and Universal Social Charge (USC) on the income that you receive. The amount of regular pension income
PRSA’s – Personal Retirement Savings Accounts In 2002 the Government introduced Personal Retirement Savings Accounts (PRSAs), a very flexible and attractive way of saving for retirement. Just like other forms of pensions, PRSAs come with attractive tax reliefs and offer access to a wide range of investment funds and options, so you get all
Pensions Southeast Financial Services deal with most of the major Irish Pensions Companies and can provide advice and planning on your pension options including : Personal Pensions Company Pension Schemes, AVC – Additional Voluntary Contribution, PRSA’s – Personal Retirement Saving’s Account, ARF’s, Retirement Options Pension Audit A pension plan will replace part of your