Alsobe aware the investment income includes interest on accounts gross of dirt.
Normally for a PAYE worker unearned income like interest gets hit for PRSI but it's at class K which does not count for entitlement to anything. If you are retired and unearned income is your only source of income, then PRSI can be at class S which counts toward contributory state pension but there is a €500 minimum. If you're in this situation you can request a statement of contributions from the Dept of Social Protection to make sure they are being credited at the right class.mtk, not sure l understand this. So when l retire early and just live of my savings, does my gross deposit interest get assessed for Class S PSRI and l pay DIRT ?
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