Wife and Husband pensioners, 75+ year old, joint tax assessed.
Only income - State Pension approx. €30,000 per year.
€40,000 in a private AMRF pension. It looks like this pension is not growing.
Can they withdraw this as a lump sum now? And invest in a bank account now to get some interest in it? OR will they be taxed?
Thank you
Only income - State Pension approx. €30,000 per year.
€40,000 in a private AMRF pension. It looks like this pension is not growing.
Can they withdraw this as a lump sum now? And invest in a bank account now to get some interest in it? OR will they be taxed?
Thank you