Have a pension with dept of ed as well as AVCs but also paid a small amount every month privately by my school. It's around 420 gross per month but I get just 259 from it.
I am already maxing my pension but wondering is there a way to set up a PRSA with school to make my pay more tax efficient? I know the school bursar will be 'reluctant' to do anything too complicated!
Thanks Ravima
I'm maxing my department pay but I've been told my private school isn't pensionable unless I get school to set up a prsa for that... don't know what 420/259 is?
Talks to a broker. You don't need the school to set up the PRSA - you can do that yourself. There are brokers on AAM that set up PRSA's at low cost as well.