misstealeaf
Registered User
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Can somebody just confirm to me that a death in service benefit paid into the estate of a deceased person is different to funds paid into the estate from an ARF?
Can an ARF only be taken out by a person once they retire- i.e. they have to use their retirment funds to buy into an ARF?
I know that where a child inherits an ARF it is subject to income tax and death in service benefit is subject to CAT- obviously dependent on relationship with deceased and usual CAT rules.
Can an ARF only be taken out by a person once they retire- i.e. they have to use their retirment funds to buy into an ARF?
I know that where a child inherits an ARF it is subject to income tax and death in service benefit is subject to CAT- obviously dependent on relationship with deceased and usual CAT rules.