CURRENT IMPACTS OF LEGISLATION HIGHLIGHTED AT RETIREMENT

  • If all your benefits from all sources of pension exceed €2.3 million at the 7th of December 2010, a PFT should have been applied for before the 7th of June 2011.
  • The PFT is set as the value of all pension benefits on the 7th of December 2010. The PFT can not exceed €5.4 million. Anything above this will be fully taxable.
  • There is currently no provision for indexation on the SFT or PFT.
  • If your fund is above the €2.3 million then you should consider stopping contributions.
Paul Ryan Independent Pensions & Financial Consultants Ltd is regulated by the Central Bank of Ireland.

© 2017 Paul Ryan IPFC

  • 19 Greenmount House,, Greenmount Office Park Harolds Cross Road, Dublin 6w Ireland
  • Phone: +353 1 4546730
  • Fax: +353 1 4163130
  • Email: info@paulryan.ie
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