The offer of government contribution to pension fund if using some SSIA money has me investigating starting a pension fund. I'm 57 and on Invalidity pension. I have checked with revenue and I am eligible for the government top-up. I could continue to contribute about €150 per month. Is this worthwhile, or would I be better putting my SSIA funds into high earning deposit account? I can't afford to take risks with it. I had thought of Eagle Star through an on-line execution only broker (thanks to info on AAM). Would the need for details from SSIA provider and declaration of earnings which have to be supplied to pension provider, who then applies to Revenue for the top-up preclude the use of execution only broker, as I don't relish paying up to 5% per annum commission. Any advice at all on what would seem best for my situation would be much appreciated.
Mary
Mary