You’ve worked hard for it...
You’ve spent years saving for your retirement. Now it’s here, we want to make sure you enjoy it. After all, you’ve worked hard for it.
We can offer expertise and advice on your next steps and any future financial decisions you might make.
There are some important things to think about, and different choices to make to ensure you continue living your life the way you’re used to.
For more information, view our Pensions FAQs.
There are a number of key options to consider depending on your current pension arrangements:
Most people take a tax free lump sum.* With the remaining balance, you could do one or a combination of the following:
-
Purchase an annuity which allows you to exchange some or all of the balance of your fund for a lifetime income
Purchase an ARF which allows you to continue to invest after retirement, keeping your funds within your control and allowing you to withdraw money regularly, which is taxable**
Take a taxable lump sum
We will help you make specific choices based on:
- The size of your pension fund
- Any other assets you might have, e.g. investment properties, savings, etc.
- Whether investment growth or security is more important to you
- Whether you wish to pass your pension fund or any other assets to your dependants
- Your current state of health
- Your age
Call one of our advisors on 01 511 9201 for straightforward advice on your retirement plans.
*Subject to revenue limits
**In order to invest in an ARF or take a Taxable Lump Sum, you must have a guaranteed income for life from all sources of currently €18,000 per annum in payment at the time the ARF begins. This can include your State pension benefits (single person rates only), a Pension from a company pension plan or a Pension bought with the proceeds of another pension plan.