M
MissRibena
Guest
Hi everyone
I want to put 4800 of a bonus I'm due into a PRSA, which I've just opened. Since 4800 is more than 15% of what I have earned up to this point in the year, I was originally proposing to put 3000 in now and 1800 in October or November.
However, it struck me last night that it would be handier to it all in together now and put it in as an employer contribution instead of an employee one.
This is a very small operation so my employer and I are both really flexible about how it is set up.
I'm wondering about the implications:
1. If it's an employer contrib, are there any real implications if the gross 4800 doesn't show up in my p60? (apart from verification of earnings for loans etc)?
2. It would effectively look like I have contributed nothing to my own PRSA - will this matter anywhere down the line?
3. Am I right in saying that if it is all an employer contribution, the company would save employer's PRSI?
Any comments or opinions would be great.
Thanks
Rebecca
I want to put 4800 of a bonus I'm due into a PRSA, which I've just opened. Since 4800 is more than 15% of what I have earned up to this point in the year, I was originally proposing to put 3000 in now and 1800 in October or November.
However, it struck me last night that it would be handier to it all in together now and put it in as an employer contribution instead of an employee one.
This is a very small operation so my employer and I are both really flexible about how it is set up.
I'm wondering about the implications:
1. If it's an employer contrib, are there any real implications if the gross 4800 doesn't show up in my p60? (apart from verification of earnings for loans etc)?
2. It would effectively look like I have contributed nothing to my own PRSA - will this matter anywhere down the line?
3. Am I right in saying that if it is all an employer contribution, the company would save employer's PRSI?
Any comments or opinions would be great.
Thanks
Rebecca