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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.

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