Pensions for PAYE Employees

Need help unerdstanding your pension options?
  •  Not quiet sure which is best?
  •  PRSA or AVCs
  • How much tax can you save?
  • How secure are different funds?
These rates are for the self employed and non pensionable employees. Applies to personal pensions and PRSA's. Please note these rates do not apply to Compnay directors

Up to 29 years

15% of net relevant earnings*

30 to 39 years

20% of net relevant earnings*

40 to 49 years

25% of net relevant earnings*

50 to 54 years

30% of net relevant earnings*

55 to 59 years

35% of net relevant earnings*

60 years plus

40%** of net relevant earnings*

*. This will be reducing to €150,000 for the tax year 2009
** The 30% limit applies, regardless of age, to certain categories of person that typically retire earlier than usual, such as athletes, jockeys, etc.

Copyright © 2019 Kieran Murphy

  • 8 The Crescent Boden Pk., Rathfarnham, Dublin 16
  • Phone: +353 14951970
  • Fax: +353 1 4951971
  • Email: info@kieanmurphyinsurance.com
  • Kieran Murphy T/A Kieran Murphy Insurance and Investment Consultant is regulated by the Central Bank of Ireland.