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PRSA pension

What is a PRSA pension?

A PRSA is a Personal Retirement Savings Account.

It's a portable retirement account so you can take your PRSA with you when you change job

Your employer can contribute to your PRSA, unlike a personal pension plan where employers can't make contributions.

PRSA pension benefits

• Tax relief on PRSA contributions
• Any investment growth on your PRSA is also tax-free
• Flexibility - you decide how much to contribute to your PRSA
• Take your PRSA with you when you move jobs
• Stop and restart PRSA contributions at no extra cost

Additional Voluntary Contributions (AVCs)

If you are a member of an occupational pension scheme, then you may be in a position to improve the benefits you receive on retirement by making AVCs through a PRSA.

Find out more

To find out more contact your local broker or call 1850 202 102