thespecialon
Registered User
- Messages
- 211
Hi All,
Considering contributing a small amount to a PRSA..
I am public sector earning 90K per year, I will be 3 years short of full pension when I retire @65,joined in 2007..
Am I correct in saying the scope I have would be 3/80(*3 for the 3 years missed) so 9/80 * 90K = 10,125€ to bring my lump sum up to full service value...
Anything over this (10,125€) would then be taxed at 40% as my annual salary would be 37/80 * 90 K = 41,625€ .
Thanks for any advice
Considering contributing a small amount to a PRSA..
I am public sector earning 90K per year, I will be 3 years short of full pension when I retire @65,joined in 2007..
Am I correct in saying the scope I have would be 3/80(*3 for the 3 years missed) so 9/80 * 90K = 10,125€ to bring my lump sum up to full service value...
Anything over this (10,125€) would then be taxed at 40% as my annual salary would be 37/80 * 90 K = 41,625€ .
Thanks for any advice