NowhereMan
Registered User
- Messages
- 7
Hi,
I have a good salary & benefits, say approx €100k, a DB pension, and contribute a lot via AVCs.
My wife has a small (€2k p.a.) DB pension due from a previous job when she retires, but nothing else apart from enough contributions to get the state pension. She earns about €10k p.a. with about another net €4k from rental income.
We have plenty savings for a lump sum investment.
I believe I/we should set up a PRSA for her, out of fairness if nothing else.
If I contribute funds to her PRSA, can we get tax relief at the top rate via our joint assessment?
Apart from that, am I missing anything obvious on my overall plan?
Thanks.
I have a good salary & benefits, say approx €100k, a DB pension, and contribute a lot via AVCs.
My wife has a small (€2k p.a.) DB pension due from a previous job when she retires, but nothing else apart from enough contributions to get the state pension. She earns about €10k p.a. with about another net €4k from rental income.
We have plenty savings for a lump sum investment.
I believe I/we should set up a PRSA for her, out of fairness if nothing else.
If I contribute funds to her PRSA, can we get tax relief at the top rate via our joint assessment?
Apart from that, am I missing anything obvious on my overall plan?
Thanks.