Castlelyons
Registered User
- Messages
- 27
How do I make a retrospective AVC pension payment for 2021? I understand I can make it anytime from now up to the end of Oct - I just don't understand the mechanics of how.
My defined pension up to March '21 was/is with Mercer.
My current pension from March '21 forward is with AON.
There is a mechanism in my current employer's benefits portal to make an AVC but this has to be a flat amount or percentage that is taken from payroll so this would apply to '22 - right?.
How do I make a lump sum payment against tax year '21 and then how is the tax relief paid back? Do I just do a tax return on revenue.ie for '21 once the lump sum payment is made?
My defined pension up to March '21 was/is with Mercer.
My current pension from March '21 forward is with AON.
There is a mechanism in my current employer's benefits portal to make an AVC but this has to be a flat amount or percentage that is taken from payroll so this would apply to '22 - right?.
How do I make a lump sum payment against tax year '21 and then how is the tax relief paid back? Do I just do a tax return on revenue.ie for '21 once the lump sum payment is made?