K
Kirian
Guest
I do not own a place to live.
I am being taxed at the lower rate (20%)
So I am saving to be able to buy a appartment/house in the future.
I am 26 years old.
So according to the guide (to savings and investments) I'm not a good candidite to start a pension scheme.
But what I want to know is weather it would be worth starting a PRSA with labrokers before the Jan 31st 2004 deadline.
labrokers are offering: no entry charges, 0% on contributions and 1% fund charge. (most PRSAs i've seen have a 5% contribution charge)
I could put in the minimum amount required to open the PRSA with them and then when my financial situation changes later I could increase the contribution.
Should I worry about getting this good deal (i.e. no contribution charge) now or is it likely that there will be similar deals a few years down the road.
I am being taxed at the lower rate (20%)
So I am saving to be able to buy a appartment/house in the future.
I am 26 years old.
So according to the guide (to savings and investments) I'm not a good candidite to start a pension scheme.
But what I want to know is weather it would be worth starting a PRSA with labrokers before the Jan 31st 2004 deadline.
labrokers are offering: no entry charges, 0% on contributions and 1% fund charge. (most PRSAs i've seen have a 5% contribution charge)
I could put in the minimum amount required to open the PRSA with them and then when my financial situation changes later I could increase the contribution.
Should I worry about getting this good deal (i.e. no contribution charge) now or is it likely that there will be similar deals a few years down the road.