Life Insurance:

Mortgage Protection Mortgage protection insurance is designed to pay off your mortgage if you die.

Serious Illness insurance pays you a tax-free lump sum if you are diagnosed with a specific illnesses or disability...

Income Protection pays you a regular income that replaces part of your lost income if you have a long-term illness or disability and you can't work.

Retirement Plans:

PRSA's Personal Retirement Savings Account

Personal Pension Plan A personal pension plan is a private pension policy that is managed for you by a life assurance company or investment firm

How much should you contribute All personal pension plans and PRSAs are set up as defined contribution plans.

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Personal Retirement Savings Account PDF Print E-mail
 

A PRSA is a Personal Retirement Savings Account. It is a low cost, easy access personal retirement account, which is designed to make saving for your retirement as easy and flexible as possible.

Your savings in your PRSA will be invested for you and, when you retire, they will be used to provide for you and your family.

How does a PRSA work?

  • You make the contributions that you can afford. You can change, stop and restart these contributions as you choose.
  • Your contributions are invested in the fund or investment funds of your choice.
  • Your PRSA savings will grow tax free until you retire.
  • When you retire, your savings are used to provide for your retirement.