Search results

I contacted Bank of Ireland to get online access to my transferred account. They said online access is only available if I open a Current account. For this reason I will no longer be using it.

You can pay into your existing PRSA. The PRSA only closes when you take retirement options from it.

The gap in contributions will result in you losing some years of treatment benefits (optical and dental) you could avoid this by signing on for jobseekers credits.

I worked in the public sector as well. I took a severance package 9 years ago. I have had various mixes of unearned income. ARF income, occupational pension income and earned income in each of the past 9 years. I have also had A class credits for most of the past 9 years. This is how I have...

I presume you are pre 95. Have you any A class Prsi contributions? You might have a few years of A class pre establishment. Check your Prsi record and establish how many A class contributions you have. These could be listed as ORD on your record. What is important are the ones listed as 'paid...

ARF income is always Class S. You can have earned income in any year and the ARF income stays at class S. The problem is unearned income. If your only source of income is unearned and over 5000 euro per year it is class S. However if you have any earned income then your unearned income is...

You will not be allowed to pay a voluntary contribution in any year that you have 52 paid reckonable contributions. Provided you have investment income over 5000 euro you will get 52 S class in those years. Therefore you are okay to age 60 with 5000 euro investment income. Make sure to open your...

With your low earnings in 2022 you would pay the minimum voluntary Prsi payment of 500 euro for 52 contributions. You have nothing to lose in applying for credits.

No I am not talking about the 65s benefit. When your paid Jobseekers benefit ended you could have applied to continue signing for Jobseekers credits. The Jobseekers credits are reckonable for the contributory pension and you can continue to claim them up to age 66. If you phone your local intero...

As you are only a few years short you could reach the 2080 using Jobseekers credits. This would cost you nothing. You could request that the Jobseekers credits be backdated to your last paid contribution on the basis that you were not aware that you should have signed on immediately after the...

One A contribution regains entry.

Yes. But the point I am making is that it is advantageous to remain in the paye system because if the poster was to retire early from self employment they could use the A credits gained after retirement towards qualification for the contributory pension and the 65s benefit. They cannot claim S...

Yes. But you don't need to put very much effort into the job seeking.

The paye system A class contributions will have lapsed.

You can be self employed and paying an S class Prsi and also be registered as a Jobseeker in the Prsi A class system. This means that you can have paid S class and A class credits in any particular year. It's good to keep the option of gaining benefits under both systems open.

The rates of USC and PRSI should be the same in either system. Becoming an A rate Prsi contributor could be to your advantage in the future. After the employment is ceased you could continue to sign on for A credits. These credits could be used for qualification for the contributory pension, if...

Eir started to charge for their eircom.net webmail service and then deleted all the emails on the customers accounts. They will now probably proceed to lose all the paper bills for the customers who have opted to pay for paper billing..

You can suspend or reduce the payments to the AVC for any tax years when your wife has reduced earnings. By doing this you can set the amount of the AVC to exactly match any possible amount of available 40% tax relief.

I don't think starting work before 1979 makes a difference. I also started work before 1979 and I have requested Prsi statements every year for at least the last 10 years. One of these yearly statements showed my pec's. All the others, some beforehand and some after don't show the pec's. It...

It will only ever affect the years that include "paid" A contributions. Any years with no "paid" A contributions are okay. It also depends on whether the S class are on earned or unearned income. If the S class is on unearned income and there is also "paid" A class ( even only one) in any year...