Retire Tax Efficiently with SYS Financial

Options vary depending on your pension type (e.g., PRSA, personal pension, occupational scheme). They may include annuities, approved retirement funds (ARFs), or lump sum withdrawals. We’ll guide you through the best choices for your situation.

You can transfer multiple pensions into a Personal Retirement Bond (PRB) or a PRSA. This consolidation offers greater control over investment choices and simplifies retirement savings management.

Yes, you can work while receiving the state pension. However, additional income may affect means-tested benefits. We can advise you on how to balance work and pension to maximise your benefits.

In Ireland, you can typically take 25% of your pension fund tax-free. The remainder may be subject to income tax. We can help you structure your withdrawals for optimal tax efficiency.

AVCs allow public and private sector workers to boost their retirement savings. They offer significant tax relief and can help bridge any pension shortfall, providing greater financial security in retirement.

A Pension Adjustment Order divides pension assets between spouses during divorce or separation. It ensures fair distribution of pension benefits, considering factors like marriage duration and contributions.

The state pension amount depends on your PRSI contributions. Currently claimable at 66, you can check your entitlement through the Department of Social Protection or use their online calculator.

A personal pension is tailored for self-employed individuals, while a PRSA offers flexibility for employees changing jobs. Both provide tax benefits, but PRSAs have standardised charges and greater portability.