Time to think about your pension before the tax deadline

The deadline for availing of 2016 personal tax relief is fast approaching on October 31st. Now is the ideal time to start or top-up your pension. This applies whether you are self-employed or a PAYE taxpayer. You could potentially reduce your tax bill or even get a...

Important Change to PRSI and State Pension Entitlement

Whether you qualify for the the State Pension (contributory) depends on a minimum number of PRSI contributions paid during your working life, and a minimum yearly average paid/credited contributions. This entitlement is not means-tested. The yearly average determines...

Newsletter December 2016

Dear Clients, Colleagues & Friends, As 2016 draws to a close it’s time to reflect on the year and look forward to 2017. This is the first in my quarterly newsletter series for Ardbrack Financial. Please feel free to circulate to anyone who might like to be...

Grab this tax relief now, before it’s gone..

  Where does €100 cost just €60 ? Contributions made to an Irish pension may qualify for tax relief at 40%  if you are a higher rate tax payer. Every €100 you save into a pension would cost you just €60, subject to limits based on your age and income. To benefit...

Good news for those approaching retirement with Buy out Bonds

If you were a member of a Defined Benefit (DB) pension plan that was shut down, you were most likely given a payoff that was invested in a Pension Retirement Bond, also known as a Buy Out Bond (BOB). Until last week, the options available upon retirement for holders...