S
sixdraw
Guest
Hi all,
I am aware that this question has been asked before but as the circumstances surrounding tax relief etc. on pension contributions has changed recently I would like some advice.
I am a 24 year old graduate earning approximately €28K - €29K per annum.
I was contemplating starting to pay into a pension scheme, however as I expect to increase my earnings as I get older;
Am I not much better off to take all of my salary now and invest what I can than to receive relief at 20% and presumably pay 40% when I retire.
I'm not quite sure what is the best option for me as I know employers usually contribute the PRSI contributions which they avoid by me making pension contributions.
Thanks,
Sixdraw
I am aware that this question has been asked before but as the circumstances surrounding tax relief etc. on pension contributions has changed recently I would like some advice.
I am a 24 year old graduate earning approximately €28K - €29K per annum.
I was contemplating starting to pay into a pension scheme, however as I expect to increase my earnings as I get older;
Am I not much better off to take all of my salary now and invest what I can than to receive relief at 20% and presumably pay 40% when I retire.
I'm not quite sure what is the best option for me as I know employers usually contribute the PRSI contributions which they avoid by me making pension contributions.
Thanks,
Sixdraw