When it comes to financial planning, starting a pension in your 20s is one of the smartest financial decisions you can make. The earlier you start, the more time you give compound interest to work its magic, allowing your savings to grow exponentially. Even small monthly contributions can turn into a substantial pension pot by
The Automatic Enrolment Retirement Savings System Act 2024 was signed into law by the President of Ireland on 9th July 2024. The Act provides that it will come into operation when commenced by orders passed by the Minister for Social Protection. The Minister has stated that auto-enrolment will “become a reality” in 2025, though the
It’s that time of the year again. If you pay and file your tax return through the Revenue On-line Service (ROS) you have until 14th November 2024 to contribute to a pension and backdate the tax relief against 2023 tax year. If you do not file using ROS, the key date is 31st October 2024.