Paying lump sum into pension before Dec 31 to lower tax for 2017?

[Blue9987]

I turned 40 in October and had planned to start a pension in January 2018.

Q1: Is it possible for me to open a pension before the end of the year, pay a lump sum into it, and claim a tax refund in 2018?

Q2: As I only turned 40 in October, am I allowed to put the full 25% of my 2017 earnings into the pension?

 

[Protocol]

You should ask these questions in your other thread.

 

[Steven Barrett]

I answered these questions in the other thread.


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