Myself and spouse are both self-employed, late forties and no pension. Our limited company, in which we are both employed has made way too much profit this year - circa 300k - and since we've no pension provision at all, accountant has advised us to lob 100k or so each into a PRSA pronto before company year end this month to be more tax efficient.
Haven't a notion where to start and even what to look for - I've read a bit about ETFs etc but because we're under pressure with time, a more simplistic choice is a necessity. Have an appointment with a local pensions provider next week and be grateful for a heads-up on any potential newbie pitfalls etc.
Thanks!
Haven't a notion where to start and even what to look for - I've read a bit about ETFs etc but because we're under pressure with time, a more simplistic choice is a necessity. Have an appointment with a local pensions provider next week and be grateful for a heads-up on any potential newbie pitfalls etc.
Thanks!