01.2804626 - 7 Northumberland Avenue, Dun Laoghaire, Dublin, Ireland

Personal Retirement Savings Account

 

A PRSA is a personally owned pension that lets you save for retirement on your own terms. You can contribute to it whenever you want and stop making contributions at any time.

Who is this suitable for?

A PRSA is for everyone, regardless of employment status. You can take out a PRSA if you’re self-employed, or working for a company.

Talk to us now and get the right pension advice for you. Call Stephen on(01) 2804626 or email stephen.maher@maherrichardson.ie

 

 

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Personal Retirement Savings Account

A PRSA is a personally owned pension that lets you save for retirement on your own terms. You can contribute to it whenever you want and stop making contributions at any time.

Who is this suitable for?

A PRSA is for everyone, regardless of employment status. You can take out a PRSA if you’re self-employed, or working for a company.

How much should I contribute?
  • It’s one of the most common questions people ask. While there’s no minimum amount, the maximum amount you can contribute and claim tax relief on depends on your age.

Age                              Max Contribution                              
29 or Younger            15% of Net Relevant Earnings
30-39                            20%
40-49                            25%
50-54                            30%
50-59                            35%
60+                               40%*

These are percentages of your earnings up to €115,000 (in 2015). If you’re a professional athlete, your limit will be 30% of earnings, regardless of your age.The information contained herein is based on our understanding of current Revenue practice as at January 2017 and may change in the future.Talk to us now and get the right pension advice for you. Call Stephen on 01/2804626 or email stephen.maher@maherrichardson.ie

Talk to us now and get the right pension advice for you. Call Stephen on (01) 2804626 or email stephen.maher@maherrichardson.ie.

SUBMIT AN ENQUIRY

12 + 11 =

How much should I contribute?
  • It’s one of the most common questions people ask. While there’s no minimum amount, the maximum amount you can contribute and claim tax relief on depends on your age.

Age                              Max Contribution                              
29 or Younger            15% of Net Relevant Earnings
30-39                            20%
40-49                            25%
50-54                            30%
50-59                            35%
60+                               40%*

These are percentages of your earnings up to €115,000 (in 2015). If you’re a professional athlete, your limit will be 30% of earnings, regardless of your age.The information contained herein is based on our understanding of current Revenue practice as at January 2017 and may change in the future.Talk to us now and get the right pension advice for you. Call Stephen on 01/2804626 or email stephen.maher@maherrichardson.ie

Personal Pension Plan

Company Pension Schemes

Personal Retirement Bonds

Return to Pre-Retirement Planning