Should I start or restart a pension? 10 reasons pensions make sense Recent research commissioned by Aviva has revealed a stark disconnect amongst adults in Ireland when it comes to pension planning. The research, based on a representative sample of 2,000 adults, found that only 34% of them had a private pension. Furthermore, two-in-five of
Making the most of the tax relief available if self-Employed or PAYE If you are self-employed you must calculate your tax liability and make a payment by 31st October 2019 (12th November if registered with ROS) in respect of your: 1. Final Tax Assessment for 2018; 2. Preliminary Tax for 2019. The good news… You
Chances are you were never informed that you can save up to 41% on your life cover. This is one of
the best kept secrets in the insurance world.
We all know taking out Life Cover is a good idea…
But sometimes with all the other demands on your income such as mortgage payments, utility bills, holidays, school fees, the weekly grocery shop… it can be hard to see how to budget for Life Cover. However, there is a solution available that delivers the peace of mind that comes from knowing that these expenses can be covered should you die. In fact, it can cost up to 41% less than a regular Term Assurance policy.
Your business is an extremely valuable personal asset. An asset, which has grown in value, thanks to your hard work.
An Approved Minimum Retirement Fund (AMRF) and/or Approved Retirement Fund (ARF) A Guaranteed Income for Life, or annuity, may be the right option for someone who needs their pension to provide them with a steady income in retirement. However, if your circumstances are such that you do not require a regular income for life
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
Additional Voluntary Contribution We should all recognize the importance of saving during our working lives in order to provide a decent income in retirement. By reviewing your pension contributions regularly you can identify if you are saving enough to fulfil your retirement goals. If you want to boost your pension savings to provide a greater income in retirement
Income Protection An Income Protection policy is a simple, tax efficient & inexpensive plan that provides you with a source of income if you are unfortunate enough to be out of work and suffer a loss of earnings as a result of a illness, disability, an injury or an accident If you were unable to
Pension Life Cover Pension Life Cover is a life cover plan that you can take out before you retire. You do not have to have a pension to take out this cover. It pays your family a guaranteed lump sum if you die during the term of the plan. They can use this as they