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 [...]

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 [...]

While saving towards a pension in Ireland, either through your employer or with a personal savings plan for the self-employed, you will likely be working with a pension provider. Whether it's in the years of contributing to your pension scheme before retirement, or when receiving the benefits afterwards, it [...]

The state pension (contributory)  is paid from the age of 66, if you have made sufficient PRSI contributions. It is not a means tested payment so you can earn other income and still receive a state pension (contributory). Employees in private employment pay compulsory pay related social insurance (PRSI) [...]

Understanding how pension tax works in Ireland is essential to help you make better decisions for retirement and avoid common mistakes that could lead to higher taxes and a reduced pension pot. The many different types of pensions can be subject to different taxes upon receiving payments. As well [...]

Starting a pension in an entry level job in Ireland and knowing how to maximise pension growth are two sides of the same coin. The earlier you start a pension, the better, and it’s a great way to maximise pension growth.  You can start a pension at any stage [...]

The qualifying age for state pensions in Ireland is 66, and given there is no mandatory retirement age in most Irish professions, it is no surprise that most of us associate ideas of retirement with our twilight years. Early retirement is a dream that most of think we will [...]

Retirement is a stage of your life that you should anticipate. After decades of hard work, you should not be able to relax and enjoy plenty of free time. When it comes to retirement, you want to make sure you feel safe and secure. Making sure that you have [...]

Defined Benefit Pensions and Transfer Values – do I stick or twist. Companies who have a Defined Benefit (DB) pension scheme often offer a transfer value to employees who have left service in lieu of a deferred guaranteed pension. What does this mean, and what things should you consider [...]

It’s never too late to start a pension – but if you’re in your 50s, you should act quickly. Everyone wants security in retirement, and unless you win the lottery, having a pension pot is the only way that you can ensure this. There are many benefits of starting [...]