Tax Relief Calculator
Saving regularly into a Pension Plan is a great way to cut your tax bill. You can avail of up to 41%* tax relief on your contributions, which means every contribution of €100 is actually only costing you €59. Now, where else can you make a saving like that?
Why not try our Pensions Tax Relief calculator and see how much tax you could save between now and when you retire - simply by starting or topping up your Pension plan.
*assuming you are a higher rate tax-payer (41%).
Based on monthly contributions over the term from commencement of the pension plan to retirement at age 65. Assuming 6% investment growth per annum, premiums increasing at 3% per annum, 1% annual management fee and 5% premium charge.
Terms and conditions apply. It is important to note that tax relief is not automatically guaranteed, you must apply to and satisfy the Revenue requirements. Revenue limits, terms and conditions apply. Your benefits at retirement may be subject to tax.
New Ireland Assurance Company plc trading as Bank of Ireland Life is regulated by the Central Bank of Ireland. Bank of Ireland Insurance & Investments Limited and Bank of Ireland are regulated by the Central Bank of Ireland and are tied agents of New Ireland Assurance Company plc. Member of Bank of Ireland Group.
To find out more, why not arrange a meeting with the Insurance & Investments Manager in your local branch by clicking here.