Search results

I will, thank you North Star.

I contacted the administration of the plan and I received a statement of the current status of the DP. The transfer value is the current value.

I think you misunderstood me Dan. I was only clarifying my marital status to show that if I died the DP would go to my estate rather than a spouse.

p.s. I am single.

Hi Steven & Dan. I worked for approximately 1 year after the plan was frozen and before my illness occurred. I did not enter any other pension scheme. I really want to get the biggest lump sum possible and would appreciate knowing in your opinion what is the best option to take. The transfer...

Hi Dan. Thank you for replyong. I pretty much have all the most up to date info you are talking about above to take to a financial advisor which I will do asap. Best regards Pauline.

p.s. What tax rate is used in option 2 above for the balance of the fund? Thanks again, Pauline.

Hi Steven. Pension fund is a defined benefit plan. Best regards, Pauline.

Hello Steven and Vincent. Thank you for your extremely helpful replies and yes, I am very interested in accessing a lump sum. Steven regarding option 1 of your reply. This pension has been frozen since I left service in 2006 but I was not medically retired until 2008. I did not have any...

Hello. I would like to transfer my deferred pension fund of €140,000 to a Personal Retirement Bond. What options do I have and how do I go about it? I am medically retired and 57 years old. Thank you.

Hello. I would like to transfer my deferred pension to a Personal retirement bond and avail of a lump sum tax free in the process. Can anyone recommend a reliable Pension/Financial advisor in the Limerick area? Thank you.