Hello, I have 2 pensions currently.
1. PRSA set up in my previous job, currently paused, value 23k
2. Work pension in new job 5% of salary matched by the company. 40% tax relief
Value 6k
Should I transfer the 23k into the new pension?
I don’t have much extra cash to be putting any more into my pensions. Married with young kids and life is expensive!!!
Thank you.
1. PRSA set up in my previous job, currently paused, value 23k
2. Work pension in new job 5% of salary matched by the company. 40% tax relief
Value 6k
Should I transfer the 23k into the new pension?
I don’t have much extra cash to be putting any more into my pensions. Married with young kids and life is expensive!!!
Thank you.