AVCs after leaving employment

[dishwasher]

I left my job at the end of June and am intending on taking a career break for a year or so. For the 2018 tax year, under revenue rules I can contribute 25% of my gross pay into a pension. I should have done this by paying AVCs when I was still in my (old) company's DC scheme. My question is now whether I can set up a PRSA AVC to take advantage of my 2018 tax relief if I am (as of September 2018) not employed and not a member of a pension scheme.

 

[DBL2018]

You can do it through a PRSA , won’t be an AVC.

 

[dishwasher]

Thank you - I’ll apply for a prsa.

 

[Steven Barrett]

If you were a member of a pension scheme under your old employment, any pension contributions in relation to that employment have to be made while still an employee. In other words, you can't make contributions now.




Steven
http://www.bluewaterfp.ie (www.bluewaterfp.ie)

 

[mtk]

If you were a member of a pension scheme under your old employment, any pension contributions in relation to that employment have to be made while still an employee. In other words, you can't make contributions now.




Steven
http://www.bluewaterfp.ie (www.bluewaterfp.ie)

So Sean
If there was no pension scheme in previous employment or
she had not joined then ....
she could get tax relief to on pension contributions after leaving. correct ?

 

[Steven Barrett]

If you were in non pensionable employment, yes, you could make a contribution.

Steven
http://www.bluewaterfp.ie (www.bluewaterfp.ie)

 

[mtk]

If you were in non pensionable employment, yes, you could make a contribution.

Steven
http://www.bluewaterfp.ie (www.bluewaterfp.ie)

thanks