Reward yourself with a pension!
- Your pension belongs to you and you alone.
- Avail of the power of compounding interest over time Average rate of return from equities is on average 6% p.a. In the longer term the power of compounding interest at this rate of return could double your money every 12 years.
- No tax on the returns within the investment.
- Tax relief at up to 40% on the investment. If you were to put the money on deposit instead at current rates of interest it would take you 52 years to make the same return! Effectively turning every €6,000 invested into €10,000!
- Tax free cash at retirement of up to €200,000.
- Options in retirement allow retirees to control how they take their income.(subject to certain requirements)
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A pension asset can be inherited by next of kin thereby creating a transferable wealth asset out of your retirement benefits!