Move Company Pension To PRSAs #219
03/28/22 • 18 min
If you are approaching, or indeed planning for retirement (exit from full-time employment) you may benefit from knowing about a strategy which can be both financially and emotionally beneficial; move from Company Pension to PRSAs.
While certainly not a strategy that will be beneficial to everyone, in the right scenario, it can be very much so. This is very different to the more common strategy of moving your Company Pension to a Personal Retirement Bond (PRB/BOB) when you leave a company - which doesn't change anything materially from a strategy/planning perspective.
If you are approaching, or indeed planning for retirement (exit from full-time employment) you may benefit from knowing about a strategy which can be both financially and emotionally beneficial; move from Company Pension to PRSAs.
While certainly not a strategy that will be beneficial to everyone, in the right scenario, it can be very much so. This is very different to the more common strategy of moving your Company Pension to a Personal Retirement Bond (PRB/BOB) when you leave a company - which doesn't change anything materially from a strategy/planning perspective.
Previous Episode
Escaping Full-Time Employment William Lacey Part 2 #218
Hope you are well, hope all is good. We are back with part 2 of our listener’s journey with William Lacey.
In the first episode, 214, William and I chatted about where he’s at, why he’s doing this particular episode, and series with us as he transitions out of full-time employment. He shares his concerns, his hopes, considerations, how it applies to him, and how his thinking and planning evolved over time. And I’m sharing it because it's a very relevant topic and it's interesting to see a live test case, so to speak, evolve in front of our eyes and share that with you dear listeners.
Next Episode
Finding the ideal home for retirement decades #220
One of the big questions that people we work with ask is; ‘where will we live and enjoy our retirement decades?’.
There is no set of accurate answers to that question – finding the right solution for you requires exploration, discussion and tangible planning.
We are joined this week on the podcast by Mary Conway of Janus Estates, who does this for a living.
As Ireland’s first Certified Senior Move Manager, Mary shares with us some of the biggest considerations people need to make when they look at their options.
I hope it helps,
Paddy.
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/informed-decisions-independent-financial-planning-and-money-podcast-48234/move-company-pension-to-prsas-219-20227476"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to move company pension to prsas #219 on goodpods" style="width: 225px" /> </a>
Copy