If you are thinking of making a pension contribution, keep in mind important key points!
As always please contact us on 01-4546730 or info@paulryan.ie if you have any queries you need answered in an independent way. We are always happy to answer your pension queries.
- Earnings limit is currently €115,000 for 2011. For 2010 it was €150,000.
- Tax relief is 41%.
- Employee pension contributions are now liable to PRSI and USC charge.
- Employer still gets PRSI relief on Employees contribution but only 50% of EE contribution.
- We have a pension levy imposed now of 0.6% on all pensions.
JUST ASK US IF YOU WANT A QUERY ANSWERED?