Latest retirement age for "personal retirement bonds"

JamesBM

Registered User
Messages
39
Is there a different Revenue view on the latest retirement date for PRSAs and PRBs? My advisor tells me that I will have to move to an ARF by 70 (and pay tax on the greater of 5% or the actual drawdown) for my PRB. Thanks.
 
Is there a different Revenue view on the latest retirement date for PRSAs and PRBs? My advisor tells me that I will have to move to an ARF by 70 (and pay tax on the greater of 5% or the actual drawdown) for my PRB. Thanks.

Yes. Maximum retirement age for PRBs is 70. Maximum retirement age for PRSAs is 75.