My friend in her 30’s earned 50k in 2024, she paid €200 a month into a PRSA.
I know she can top up that amount with a lump sum payment before October 31st but is it also okay to use her regular monthly contributions (from say January to June 2025) to increase her 2024 contribution?
She plans to work less in 2025 so will probably only earn about 25k so would get more tax relief on the 2025 monthly contributions if claimed for 2024 but unsure if that’s allowed or not.
I know she can top up that amount with a lump sum payment before October 31st but is it also okay to use her regular monthly contributions (from say January to June 2025) to increase her 2024 contribution?
She plans to work less in 2025 so will probably only earn about 25k so would get more tax relief on the 2025 monthly contributions if claimed for 2024 but unsure if that’s allowed or not.