Pensions (Éire) - Retirement Planning -

Pensions (Éire) - Retirement Planning

Retirement planning remains one of the few ways in which an individual or company can make retirement provisions in a tax efficient manner. There are a myriad of rules and regulations governing pensions. Getting impartial expert advice from a Certified Financial Planner™ Professional will help ensure that your retirement planning is structured to maximise the planning benefits that are available.

The key elements of retirement planning include:

  • Retirement Goal Setting
  • Getting maximum Tax- Relief
  • Developing an appropriate investment strategy
  • Post Retirement Options - Annuities or Approved Retirement Fund/ Approved Minimum Retirement Funds
  • FitzGerald Flynn specialise in Pre and Post Retirement planning for self-employed, business owners, senior executives and employees.

Personal Pensions and PRSA's
For the Self-Employed and those in non-pensionable employment, we offer impartial, professional and objective advice to individuals in relation to personal pensions and PRSAs.

Small Self-Administered Pension Schemes (SSAPS)
Small self-administered plans are extremely tax efficient and provide an excellent opportunity for directors to make provisions for their retirement.

Our SSAPS provides an alternative to conventional personal pensions by offering the individual control of their pension arrangements. Our SSAPS enables company directors to control their retirement funds without the requirement to use an insurance company
SSAPS are suited in the main to owner-managed companies generating reasonable profits where the Directors/Partners are drawing reasonable salary levels

The key advantages of a Self-Administered Pension Scheme are:

  • Flexibility in relation to the on-going payment of contributions into the fund.
  • Control and choice of investment i.e. equities, property, etc.
  • Full transparency on fees/commissions.

Funding occupational pensions
Maximum Ordinary Annual % X remuneration, for maximum approved retirement benefits.