Redundancy Payments & Pension Questions.

D

darinr

Guest
Hi,

My wife has the opportunity to take redundancy from the company she works in.

She has received some initial information from the company on this. We have some questions that we would like advice on.

** The figures received so far do not include any information on the Pension options. She is to have a meeting with a Pension Consultancy firm but needs some advice.

1. What are the implication to her taking some additional money from the pension ?

2. Are there tax implications to this ?

3. What are the consequences to taking money from the pension fund when she reaches age 65 ?.

4. Is she able to claim the dole afterwards if she does avail of the redundancy ?.

5. Can I take her tax credits or are there issues with this if she is on the dole ?

Any advice on this would be very much appreciated.


Thanks in Advance.
 
Back
Top