Which lender is mortgage with?I am already paying the 10% allowed overpayment on my remaining mortgage (which is locked in a fixed rate for 7 years) and to redeem would cost 000's so not viable.
KBCWhich lender is mortgage with?
Pension fund seems very low for your age and earnings. You will likely face a very big drop in income at retirement at this rate.Do you have a pension scheme? YES - €125K at present 6% contribution matched by employer (spouse has no pension plan)
1. You can make (income) tax-relieved pension contributions from net relevant earnings, subject to certain restrictions. The fact that you may have to pay CGT on your shares is of no relevance.I have a couple of Q's around increased pension contributions (it's not a PSRA):
I am already paying the 10% allowed overpayment on my remaining mortgage (which is locked in a fixed rate for 7 years) and to redeem would cost 000's so not viable.
(separate savings acc for kids with €8K in it).
And almost certainly not in the company which is also paying your wages. You're concentrating risk in one place by holding shares in the company for which you work.2) Sell the shares as they vest. You should not have such a big proportion of your assets in just one company.
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