If I am paying AVC's and A1 PRSI my reading of the rules is that as I'm in a pension that pays out less the OAP
1) I can aim for half my salary and still get the OAP on top
2) Not bother with extra pension and put it in ARF
Sorry if this is basic but trying to understand pension's after years abroad and now back in Ire.
Have been studying Revenue rules and on to all pension,Regulator sites for info, as like to know as much as possible before committing cash.
By the way the ARF option seems brilliant, What's the drawback???
Opinions welcome.
1) I can aim for half my salary and still get the OAP on top
2) Not bother with extra pension and put it in ARF
Sorry if this is basic but trying to understand pension's after years abroad and now back in Ire.
Have been studying Revenue rules and on to all pension,Regulator sites for info, as like to know as much as possible before committing cash.
By the way the ARF option seems brilliant, What's the drawback???
Opinions welcome.