SSIA Newsletter
Pay
Day
Dont Give Up a Good Habit
2
Money Savings Ideas
Instead
of a 25% Government Top-up to your SSIA, they will
now top-up your Pension Fund by up to 92%.
Example
1
You are currently 35 years of age and you pay tax at the higher rate.
You decide to divert your 254.00 monthly premium
from your SSIA into your Pension Fund.
You will receive an extra 234.46 per month investment into your
Pension Fund courtesy of Tax and PRSI relief from
the revenue.
This represents an extra 92% investment into your Pension Fund.
Example 2
You are 25 years of age and pay tax at the basic rate. Your SSIA matures
soon and you expect to have a Lump Sum of 18,000,
you would like to reinvest 7,500 of that sum.
The
Government are offering a 1 bonus for every 3
that you transfer from your SSIA into your Pension
Fund. This bonus is subject to a maximum of
2,500.
Therefore
if you fully avail of this offer you will have a
total investment of 10,000 into your Pension Plan
for a cost to you of 7,500.
Free
copy of our SSIA information pack
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