Retirement

Taxable Lump Sum

After you take your tax-free lump sum, you may be entitled to take the rest of your fund as a once-off cash lump sum if:

  • You have a guaranteed pension income for life of at least €18,000 per annumOr
  • You have invested €119,800 in an AMRF/ARF or Annuity or combination of both

This lump sum will be subject to income tax at your marginal rate and Universal Social Charge (USC) under the PAYE system.

Have any Questions?

15 + 1 =