IE
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Max Contrib
€16,000
AVC Capacity
€8,000
Tax Relief
€0
Optimize your pension tax relief. Age-based contribution limits, AVC impact, SFT threshold warnings, and retirement income projection.
AVC Capacity
€8,000
Current: €8,000 · Max: €16,000 · Relief: 20%
Tax Saved
€0
Net Cost
€0
Retirement Summary
Projected Fund
€774,183
ARF (75%)
€97,500
State Pension
€14,420
Pension Guide
Maximize Your Relief
Contribute up to your age-based limit. Each €1,000 of AVC costs you only €600 net (40% relief). The €400 tax saved goes into your pension, growing tax-free.
SFT Planning
The €2M Standard Fund Threshold is a hard cap. If your fund exceeds it, consider stopping contributions or diversifying into property, ISAs, or other investments.
Retirement Options
25% tax-free lump sum (max €200k). Remaining 75% must go into an ARF (flexible drawdown) or annuity (guaranteed income). ARF offers more control.
Frequently Asked Questions
Contributions to approved pension funds get Income Tax relief at your marginal rate (20% or 40%). USC and PRSI still apply on gross contributions.
Under 30: 15%, 30-39: 20%, 40-49: 25%, 50-54: 30%, 55-59: 35%, 60+: 40% of earnings up to €115,000.
Standard Fund Threshold is €2,000,000. If your pension fund exceeds this at retirement, excess is taxed at the marginal rate (up to 68%).
Approved Retirement Fund — allows flexible drawdown after retirement. 25% of your fund can be taken tax-free (max €200k).
State Pension (Contributory) is €277.30/week in 2025. Requires 10+ years of PRSI contributions. Increases with more years up to 40.
AVCs are additional contributions to your occupational pension. PRSAs are standalone personal pensions. AVCs are simpler if you have an occupational scheme.
The maximum salary that qualifies for pension tax relief is €115,000. Earnings above this don't qualify for further relief.
If you're a higher-rate (40%) taxpayer, pension contributions save tax at 40%. Basic-rate taxpayers save at 20%.
You can take 25% tax-free (max €200k). The remaining 75% must go into an ARF (flexible) or annuity (guaranteed income).
Auto-enrolment (2025) adds 3% employee + 3% employer + 1% state. Coordinate with existing pension to maximise overall relief.
Scenario-based suggestions to help you validate your result and explore the next decision point.