Whether you are approaching retirement or putting plans in place for your future, an Additional Voluntary Contribution can be a tax-efficient way to fund for extra income when you retire. We are here to help you achieve your financial goals.
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Benefits of joining a Public Sector Group AVC Scheme:
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There are two main options available to you when contributing to AVCs-:
Regular Premiums
When you join the Group AVC scheme, your employer will arrange for your premiums to be deducted directly from your gross pay at source. This means that tax relief on your contributions is arranged directly by your payroll department, with no need to apply through Revenue.
Single Premium Contributions
It is also possible to submit a lump sum contribution into your AVC. This can be a once off 'last minute' contribution just before retirement in order to take advantage of any tax relief available, or can be made at any stage up to retirement.
*at your marginal rate. Subject to Revenue rules
Regular Premiums
When you join the Group AVC scheme, your employer will arrange for your premiums to be deducted directly from your gross pay at source. This means that tax relief on your contributions is arranged directly by your payroll department, with no need to apply through Revenue.
Single Premium Contributions
It is also possible to submit a lump sum contribution into your AVC. This can be a once off 'last minute' contribution just before retirement in order to take advantage of any tax relief available, or can be made at any stage up to retirement.
*at your marginal rate. Subject to Revenue rules
As with all financial decisions, it is important to consider your objectives and to take into account your current situation. We would always suggest speaking to a Financial Advisor before putting any plans in place.
Book your Appointment
To arrange your appointment with a Financial Advisor or to discuss joining the AVC scheme further,
enter your details below and we will be in touch:
To arrange your appointment with a Financial Advisor or to discuss joining the AVC scheme further,
enter your details below and we will be in touch:
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Alternatively, you can contact us by phone or email as below. We look forward to hearing from you. Phone: 01 8298500 Email: info@ipf.ie |
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AVC Education Hub Videos
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What are the main benefits of AVCs?
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When should I start contributing to an AVC?
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What are my options with my AVC money at retirement?
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What is the difference between AVCs and PONYs?
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