Hi,
My father is set to retire in March at 65 and will receive Contributory State Transition Pension.
He has worked with same company for over 40 years and has been told that he can either take 100 euro per week or take €30,000 lump sum tax free and €30 per week after.
He will also be entitled to another small pension for which he does not know any figures yet.
He has 20 acres of land and does small bit of farming.
Can anyone give advice on what is best thing to do? Tax wise etc. Any advice greatly appreciated
My father is set to retire in March at 65 and will receive Contributory State Transition Pension.
He has worked with same company for over 40 years and has been told that he can either take 100 euro per week or take €30,000 lump sum tax free and €30 per week after.
He will also be entitled to another small pension for which he does not know any figures yet.
He has 20 acres of land and does small bit of farming.
Can anyone give advice on what is best thing to do? Tax wise etc. Any advice greatly appreciated
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