I am asking here on behalf of a friend of mine. My friend is currently getting a disability allowance. At the moment they are paying towards a prsi stamp so they will get the contributory pension at pension age.
My friend would like to open a prsa to have a bit more cash at pension age.
At the moment they are not working but hope to have some part time work in the next few months.
They want to know can they open a prsa without being employed? They are aware they can't avail of tax benefits of a prsa unless they are employed.
They would be looking to put 100 euro per month in to start but look to increasing this once they get a job.
My friend would like to open a prsa to have a bit more cash at pension age.
At the moment they are not working but hope to have some part time work in the next few months.
They want to know can they open a prsa without being employed? They are aware they can't avail of tax benefits of a prsa unless they are employed.
They would be looking to put 100 euro per month in to start but look to increasing this once they get a job.