A pension plan is a long-term savings plan, where you make regular or lump sum payments into a retirement fund. Your pension gives you financial security and the freedom to enjoy your lifestyle when you stop working.
There are three main types of pensions in Ireland. You can have any or all three of these:
A weekly payment that the government gives to eligible people over the age of 66. While this provides some income, it may not be enough to maintain your lifestyle. What you need to know about the state pension in Ireland.
You may have a pension plan through work, where both you, and your employer pay in a portion of your salary each month. Workplace pensions often come with additional benefits such as employer-matched contributions and tax relief.
Whether you're just starting to think about your pension, or looking to improve your current plan, we're here to help. Talk to an expert Financial Advisor about your pension and planning for your future.