If you were in a cash crisis, is there a way to release pension
moneys at age 42 ?
I found one thread on independent.ie that said you can transfer funds to a PRSA and then take out cash but unfortunately at 41% income tax.
And I believe some sort of "certificate of benefit comparison, which can be costly" is required to move to a PRSA.
I have 2 x 3 yr pensions in an on hold status. And my current 1 x 3 yr pension. Possible total value of the 3 pensions is 70 to 90k (I'm not sure exactly).
Anyone know about this ? thank you.
moneys at age 42 ?
I found one thread on independent.ie that said you can transfer funds to a PRSA and then take out cash but unfortunately at 41% income tax.
And I believe some sort of "certificate of benefit comparison, which can be costly" is required to move to a PRSA.
I have 2 x 3 yr pensions in an on hold status. And my current 1 x 3 yr pension. Possible total value of the 3 pensions is 70 to 90k (I'm not sure exactly).
Anyone know about this ? thank you.