Sounds like standard for Cornmarket to me.She has contacted cornmarket who were not that helpful or competitive.
What do you mean by this?Both marginal rate tax payers
Well putting more away for retirement will presumably allow her to benefit from tax relief and higher retirement income than if she doesn't do this?Does it make sense to start AVC's now for her and set up an ARF long term ? What is best route
You're right - it could maybe be better addressed with a Money Makeover post?It seems to me your question isn't 'What is the best route' rather 'Where should we be going'.
Could you let me know what this thread is? I would be interested in investigating, thanksIf she is pre 95 and retires before 3 months into the calender year of her 63rd birthday she could qualify for 65s benefit. This is discussed in other thread on this site.
Thanks for the advice: very helpfulYou would have to search for 65s benefit posts by S class.
Basically if she retires early and she already has at least 104 paid A class Prsi contributions, she would then just need to obtain 13 paid A contributions by working in a new job for 13 weeks and then signing on for A class credits. Crucially she would need at least 39 contributions in the calender year of her 63rd birthday. The 13 paid contributions could be included in that year or could be in the previous 2 years. She could work part time for the 13 weeks as she would gain an A class contribution on earnings of 38 euro per week.
Google "operating guidelines for 65s benefit" to get the full qualification details.
Also if she can manage to get at least 260 paid A class contributions she could qualify for a pro rata contributory pension.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?