Contact Us
-
OPTION TWO
Retirement Options
As you approach retirement we can help you make the best decisions about your pension.
Do you have pensions with multiple providers?
As you approach retirement, you may be given options that impact your arrangements with other providers. We can help you make the best decisions, approaching your pension arrangements in their entirety.
Post-retirement options.
Select the most appropriate arrangement for you to transfer your pension proceeds into. Choose between a Pension Annuity or an Approved Retirement Fund.
Pension Annuity. An annuity gives you a protected income for the remainder of your life. |
Approved Retirement Fund and Approved Minimum Retirement Fund. A lump sum pension investment that you can access, subject to Revenue rules, which can also be passed on as an inheritance. |
Things to think about - establish the facts.
- What is the combined value of your retirement funds?
- What income will your combined assets be likely to give you in retirement?
- Do you qualify for state pension benefits?
- Can you boost your retirement funds before you reach retirement age?
- Can you avail of a tax free lump sum?
Warning: If you invest in this product you may lose some of all of the money you invest
Warning: The value of your investment may go down as well as up
Fund guides.
This product is provided by Irish Life Assurance plc. Allied Irish Banks, p.l.c. is tied to Irish Life Assurance plc, for life and pensions business. Allied Irish Banks, p.l.c. and Irish Life Assurance plc are regulated by the Central Bank of Ireland.