Finance Bill 2013 Early Access to AVCs The Finance Bill confirms that people with AVCs and PRSA AVCs can withdraw up to 30% of their accumulated value. Any amounts withdrawn will be subject to tax at the individual’s marginal rate, but not USC or PRSI (subject to a change in the next Social Welfare …
With the self assessment tax deadline and the corresponding pension opportunity imminent, the following are a couple of points we would like to share with you. Protected Asset A recent ruling shows how protected the pension is as a company asset 2 October 2012 Commercial Court rules pension fund assets safe from creditors The …
Deposit Rates We hold deposit agencies with a number of banks and the following are three very competitive rates: 1 year fixed rate of 4.10% 2 year fixed rate of 4.25% p/a 5 year fixed rate of 4.5% p/a with the potential of an additional .5% p/a These rates are not available through bank branches …
With the recent changes to pensions in both the Budget and Finance Bill we recommend making pension contributions for the following reasons: What will the state pension be in the future? Demographic changes will put pressure on Government Finances in the areas of health care and pensions. Currently there are 6 adults working for …