Life assurance – protect yourself and your family in the event of illness, injury or death

PENSION PLANNING 

If you are already included by your employer in a pension scheme at work, you can top up your benefits by making Additional Voluntary Contributions (AVCs). Ask your employer for more details.

If you are self employed or working for an employer that doesn't operate a pension scheme for you at work, you can take out either:

• a Personal Pension Plan: offered by most life assurance companies and operate a bit like a life assurance savings plan; or
• a Personal Retirement Savings Account (PRSA): offered by many financial institutions. Employers who provide PRSAs must offer a facility for you to make contributions by deduction from your wages.

Remember that anything you pay into a pension arrangement will usually be tied up until you reach retirement age. You should seek advice from your broker before committing yourself to any pension arrangement.

Please note that your right to a contributory State pension is unaffected by having a PRSA or occupational pension

If you would like to arrange an appointment please contact us at info@markeyfinancial.ie