Self Employed Pensions:
A self-employed Pension is designed for a sole trader or contractor and is a tax efficient way of saving for your retirement.
Tax relief of 20% or 40% is allowed against your income tax and is an excellent way of reducing your annual income tax whilst funding for your retirement.
There are two options available for a self-employed person, a personal pension plan or a personal retirement savings account (PRSA).
Both these options will qualify for tax relief and will provide a way of funding for your retirement but there are some important differences with both options such as charges, flexibility and fund choices.
Our Pension advisors will ensure that you have the right pension that suits your own unique needs.
