Pension

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…

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.

Facing redundancy can feel overwhelming. Whether you’re considering voluntary redundancy in Ireland or you’ve been made redundant, one of your biggest concerns is likely: “What happens to my pension?” You’re not alone in this. We’ve helped hundreds of people navigate exactly this situation, and the good news is that you have options. Let’s walk through…

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…

Getting your pension choice wrong in Ireland could cost you tens of thousands of euro over your working life. That sounds dramatic, but it’s true. The difference between a well-chosen product and a poorly matched one compounds year after year, quietly eating into your retirement fund while you’re busy living your life. Most people find…

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.

The number one stress for anybody approaching retirement is the unknown of whether or not their pension fund will last them in retirement. Increased life expectancy is putting extreme pressure on pension funding as this income needs to last for approximately 30 years. Defined Benefit pensions (guaranteed pension income for the rest of your life)…

The global nature of business has meant that many people move from country to country to either further their careers or to experience other cultures. This often results in individuals becoming ex-pats (expatriates), i.e. residing in a country that is not their native country. Along this journey, an individual can build up various pension pots.…

Pensions have hit the headlines in recent months as it is quite clear that we are sleepwalking into a pension crisis in the not so distant future. With an aging population a growing reality, the cost of retirement provision to the State is set to increase significantly in the coming 15-20 years. The State pension…

Irish emigrants moving back from Australia on a permanent basis, cannot transfer these holdings into an Irish pension like some other overseas pension arrangements.

This article discusses the pension options available to Irish citizens returning from working in Canada.

Opes Financial Planning Featured in the Sunday Independent answering questions regarding UK transfers. Link to full article in the Sunday Independent https://www.independent.ie/business/small-business/advice-centre/is-it-normal-to-face-2300-fee-on-uk-pension-transfer-38220674.htm Brexit and pension Question: I am a 54-year-old woman, who has 20 years of various pensions from working in the UK. I have been living and working in Ireland for 14 years. The…