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Aimee

Aimee.

About Aimee Whelan

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So far Aimee Whelan has created 75 blog entries.

What Budget 2024 Means for Your Retirement

Every budget means something for your retirement and, of course, that much-valued pension you worked so hard to earn during your working life. The Minister for Finance delivered the 2024 Budget to the Dail in October 2023 with a few changes to pensions and retirement in there as well. [...]

June 13, 2024|News|

Tax On Investments & Savings Ireland

Benjamin Franklin once said that “in this world nothing can be said to be certain, except death and taxes”. Indeed, Irish tax residents are all too familiar with the Exchequer taking a sizable share from their hard-earned income and gains.  The most common form of taxation that the average [...]

Pension Tax Relief in Ireland: 2025 Guide

In this article, we’ll be taking a holistic view of the taxation of pensions in Ireland. We’ll look at pension taxation through the lens of an individual who begins their pension journey at the point of entry into the workforce right up until the day the individual retires and [...]

May 6, 2024|Taxation|

Tax Planning for Business Owners

In this article, we’re going to be talking about tax planning for business owners. Specifically, 7 methods of extracting cash from a company that business owners can adopt and a discussion about the tax efficiency of each method. As a reminder, an Irish company is a separate legal entity [...]

May 1, 2024|Taxation|

Pension Advice for Stay at Home Parents

Many parents make the decision to stay at home with their children, to be involved with their lives as well as avoid high childcare fees and lengthy commutes. The 2022 Census recorded 272,318 people in Ireland who expressed looking after the home or family as their principal economic status.  [...]

April 29, 2024|Pension|

Personal Investment Portfolio vs. Private Pension

A 2023 study from the Banking & Payments Federation Ireland revealed that only 1 in 3 or 33% of adults in Ireland own an investment product other than a pension and/or a residential property.  Of the 67% of adults without an investment product, a whopping 33% stated that they [...]

March 19, 2024|Pension|

Average Pension in Ireland

What is the average pension pot in Ireland? How much should I have in my pension savings to retire comfortably? What will my income be in retirement? The CSO reports that 66% of workers aged 20-69 have some form of pension coverage outside of the state pension. This has [...]

March 3, 2024|Pension|

Ireland’s State Pension vs The Rest of the World

How does an Irish state pension compare to the rest of the world? This is not a straightforward question to answer as pension payments in terms of cash transfer payments are easy to compare but tell us little about the purchasing power of those payments. Table of [...]

February 17, 2024|Pension|

Why A Younger Population is Good for your Pension

In Ireland, the EU, and other developed countries, ageing populations will have a significant impact on the ability of that country to finance state pension provision in its current form.   An ageing population is a population where there are both lower birth rates and a higher life expectancy. In [...]

January 31, 2024|Pension|

Standard Fund Threshold Public Consultation

The government is carrying out a review of the Standard Fund Threshold for pension funds, which could potentially have a big impact on pensions in Ireland. Part of this review process is a public consultation which is now open and will run into next year, with submissions accepted until [...]

January 4, 2024|Pension|