Pension

Planning for retirement in Ireland requires understanding two fundamental pension types: the state pension and private pensions. Whilst the state pension provides a baseline weekly payment, it might not be enough for a comfortable retirement. Most people need private pension arrangements to supplement their state pension and maintain their desired lifestyle throughout retirement. This guide…

Most people are surprised when they discover what their State Pension will actually cover. Whilst it serves as a solid starting point, the reality is that it’s unlikely to sustain anywhere near the lifestyle you’re used to. With the current State Pension qualifying age at 66 and typical payments falling well short of most people’s…

Pension term assurance lets self-employed Irish workers and PAYE employees without company pensions protect their families with life cover that costs up to 40% less than regular term life insurance. A €100 monthly premium costs just €60 after income tax relief from Revenue. Yet most eligible people have never heard of this tax-efficient life insurance…

If you’re an Irish professional with spare cash each month, you’re facing one of the most impactful financial decisions of your lifetime. Should you channel those extra euros towards your pension or use them to pay down your mortgage faster? Here’s the bottom line: For most Irish professionals earning between €40,000 and €100,000, maximising your…

The truth about pension timing in Ireland: It’s never too early, rarely too late. If you’re wondering whether you’re the right age to start a pension in Ireland, you’re asking the wrong question. The real question is: how much are you losing by waiting another day? Here’s the reassuring truth: whether you’re a 25-year-old graduate…

Choosing the right pension in Ireland can save you thousands — or cost you the same if you get it wrong. With so many pension options available, from standard PRSAs to personal pension plans, it’s no wonder many Irish workers feel overwhelmed when planning for retirement. Here’s the thing: understanding the main differences between a…

As a business owner in Ireland, you’re probably paying more tax than you’d like. The Irish tax system does have a number of ways to slash your tax bill whilst building serious wealth for your future. Pensions aren’t the most exciting topics and are often overlooked, with a lot of people not really understanding the…

Let’s talk about the magic number of a €1 million pension pot that crops up time and again when people discuss retirement planning. But what does it actually mean to have a million-euro retirement fund in Ireland today? For many, it represents financial independence – the ability to maintain your lifestyle without worrying about running…

While it may not be the easiest subject to consider, understanding what happens to your pension on death is essential. A pension is often one of the largest financial assets an individual holds, and assumptions about automatic inheritance can be misleading. The treatment of pension benefits depends on the type of arrangement—executive pension, master trust,…

Discover how much you need to retire at 60 in Ireland. Plan for early retirement with real-life examples, income targets, savings tips, and pension insights.

Understand what retirement relief is with practical examples and learn about new tax changes impacting family business & farm transfers in Ireland.

The Standard Fund Threshold (SFT) was once a concern only for individuals with exceptionally large pension pots. However, as the threshold has fluctuated over the years, more people are now finding themselves approaching this limit. While the SFT remains at €2 million for 2025, it is set to increase annually from 2026 onwards, reaching €2.8…

    Picture this: You’re 55, sitting in your garden on a Tuesday afternoon, coffee in hand, with nowhere you need to be. No meetings. No deadlines. Just time – your most precious asset – finally yours to spend as you wish. Sounds appealing? You’re not alone. More workers in Ireland are choosing to retire…

Starting a pension in Ireland is an achievable goal that can secure your financial future. Whether you’re self-employed, employed, or a director, there are different pension options available to suit your needs. The key is to understand the steps and select the right type of pension scheme for your situation. A popular choice for those…

Each individual has a personal pension funding threshold of €2 million. This is a combined total of all an individuals Irish pension benefits. In order to reach this level of funding, in most cases, it will require large contributions from a Ltd company. A company can make large one-off pension contributions as well as regular…

Choosing between an Approved Retirement Fund (ARF) and an annuity for your retirement plan can be challenging. The biggest difference lies in how the two handle income and inheritance. With an annuity, you receive a fixed, guaranteed income for the rest of your life, which can provide stability. However, this income ends when you pass…

Explore the benefits and options of directors pensions in Ireland, including tax efficiencies, contributions, and investment strategies for a secure retirement.