Hi all
I have 2 questions re someone who is post 1995 and paying Class 'A' PRSI.
1. Is it possible to retire at 57 with a Preserved Benefit Pension starting at age 60 and accessing an AVC PRSA to draw down for the 3 years from 57 to 60?
2. In this scenario if the Tax Free Lump Sum from the Employer is paid at age 60 but an amount can also be taken from the AVC PRSA can this AVC PRSA Lump Sum be taken at age 57 or must it be claimed at age 60 in conjunction with the employer Lump Sum.
Hope the above makes sense and thanks in advance for all replies.
I have 2 questions re someone who is post 1995 and paying Class 'A' PRSI.
1. Is it possible to retire at 57 with a Preserved Benefit Pension starting at age 60 and accessing an AVC PRSA to draw down for the 3 years from 57 to 60?
2. In this scenario if the Tax Free Lump Sum from the Employer is paid at age 60 but an amount can also be taken from the AVC PRSA can this AVC PRSA Lump Sum be taken at age 57 or must it be claimed at age 60 in conjunction with the employer Lump Sum.
Hope the above makes sense and thanks in advance for all replies.