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    Am I crazy for considering ten year NTMA bonds?

    Nothing crazy about putting money in 10 year National Solidarity bonds. The money is not locked in and even at the height of the financial crisis with people wailing about sovereign defaults and the euro collapsing, it was far from crazy. A much bigger issue for you and your parents that jumps...
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    Key Post How much will you spend in retirement?

    @Odea the NCTS doesn't insist on changing tyres solely because are too old. Or at least it didn't in November 2023 when I last brought a car for its NCT. I did get 4 advisories for tyres being more than 6 years old (they are actually 15+ years old) but advisories require no action. In general...
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    NTMA increases rates for State Savings products

    Does anyone know if there is an easy way to reinvest in SS if applying for early repayment. I thought there was by ticking a box on the repayment form but looking at it there, I don't see it. Let's say you apply for early partial repayment of a previous issue bond, what happens to the portion...
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    NTMA increases rates for State Savings products

    @Freelance I'm talking about a cert which is maturing/finishing in mid September though. I'm aware that if I reinvest it in mid September, I won't get the October rates unless I encash it and then reinvest it again after 1st October. To avoid having this hassle, I propose delaying reinvestment...
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    NTMA increases rates for State Savings products

    As others have noted, this is the first time that I ever remember a rate change being announced in advance. I have a savings cert maturing in mid September, I presume that if I delay sending in the renewal form until 1st October, I'll get the new rates? The letter I received states that if...
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    Fair Deal/Nursing Homes Uncle's Fair Deal assessment

    I'm also interested to know what would happen in this situation. Let's say the person has given away ALL of their assets <5 years beforehand, is not safe to stay at home and needs to be in residential care - what then? I suspect that the HSE/taxpayer will end up paying for their care, in a...
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    44 year old + two kids, hoping to move house

    Probably a commercial semi state, they are public sector and have funded pension schemes. The thread starter did say public sector, not public service. Also, only a very small percentage of public servants earn 145k, the percentage would be higher in the semi states.
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    Carers Benefit ending but full time caring continuing - PRSI credits for pension?

    Bumping this thread in light of today's announcement on pensions for carers which has confused me more than I was already. I thought the Homemakers and Homecaring Periods Schemes already helped carers to gain entitlement to an old age pension. But today, there is the following quote from RTE...
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    Sold NPPR at a loss - help with CG1 return

    I sold an NPPR at a loss of about 5k vs what I paid for it 15 years ago. I paid the solicitor and estate agent about 5k in fees for the sale. Clearly my gain is zero but I'm not sure where to fill in the 5k loss plus 5k selling fees. Do I put 10k in for questions 8, 13, 18 and 20? Thanks for...
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    How can I get my Supplementary pension without having to pretend I'm looking for a job

    It's a farce and a charade. I suspect the reason for this is, so far, not many post 1995 entrants (even Gardai with their accelerated pension accrual) have reached retirement age. Senior civil service and union people are apathetic as many would be pre 1995, the issue doesn't affect them...
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    Carers Benefit ending but full time caring continuing - PRSI credits for pension?

    I have left work to become a carer, I have been on Carer's Benefit but that ends soon as I will have reached the 104 week limit. As I have considerable savings, I will not pass the means test for Carer's Allowance. I won't be working or paying any PRSI. I read on another thread that a...
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    Retired couple - no major queries, just want to check is anything missing?

    A couple of things and as much in the realm of a family review as a money makeover. First of all, your mother doesn't disclose her age, is there anything else that she hasn't disclosed, are you certain that there aren't other financial assets? The second thing is that one sibling lives in the...
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    General financial advice for elderly man

    I would be inclined to sell the second property and use the proceeds to upgrade his main residence. Make it more comfortable and warmer if there is scope to do so. If he needs nursing home care in the future, his PPR is only part of the financial assessment for the first three years. Whereas a...
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    45 year old, not working. How to generate better return on €275K

    You are asking what to do with your 275k but for more context maybe it would be useful to share the following How much did you spend when you were working How much are you spending now What is the jobs market like in your sector and have you any thoughts on returning to work Do you have any...
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    Carer's leave - ending it early if circumstances change?

    I have applied and been approved for Carer's Leave from work, I applied for the full 2 years. From what I've read, the duration of carer's leave is flexible and it can be ended early -if the care recipient dies -if the care recipient no longer needs care -if the carer is no longer in a position...
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    Passive income strategy - 300k - Investment Trusts?

    Good question, I neglected to mention that the income from it is 0. Calling in an investment property was also probably misleading, it was intended to be my PPR but things didn't work out as planned. It is located in a part of the country where rents are low and I have little interest in...
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    Passive income strategy - 300k - Investment Trusts?

    It is looking very likely that I will have to leave work and go on Carer's Leave for the maximum allowed 2 years. I would get Carer's Benefit but after 2 years that would cease and I'd either be returning to my job (public service) or resigning. Need to plan for the latter scenario. Luckily, I...
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    Do I have to amalgamate my pension if I rejoin public sector

    Thanks Early Riser, I will probably be going on carer's leave soon and when that finishes I may not be in a position to return to work. Career breaks or anything else that is at the discretion of the employer seem to be non runners in my workplace. For some reason, I thought that single scheme...
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    Do I have to amalgamate my pension if I rejoin public sector

    This is topical for me as I am a post 1995, pre 2004 public servant who is thinking of leaving his position. I could see myself re-entering the public service at some time in the future (very likely into a lower paid position) which would put me into the single pension scheme. From...
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    State savings buying - How to people pay for 50k worth

    I generally got a draft made out to myself and then signed the back of it and went to the post office with it. It was always accepted. Perhaps policy has changed now, I would ask in the post office beforehand. My current account is with Ulster Bank and they have always refused to make out a...
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