Retirement Planning - Executive Pension Plan

An Executive Pension Plan is a retirement plan specifically for Company Directors. Unlike PAYE employees, Company Directors have control over their own benefits and so, must take matters into their own hands when planning for their own retirement.

When structured correctly, Executive Pensions are one of the most tax-efficient ways of moving company funds into personal wealth. Tax relief is available on contributions at the outset, funds are then allowed to grow tax-free throughout the life of the pension, and on retirement you can take a sizeable portion of the fund tax-free as a lump sum. There are then a number of options regarding the balance of the fund but in most scenarios it is taken as a regular income, which again, if structured correctly can be taken tax-free if within certain limits.
 
We will explain, in detail, the full range of options that are available to you and your business. 



In February of this year I engaged the services of David from Kinsella Financial regarding obtaining a mortgage. I genuinely cannot thank David enough for all he has done, he understood right from the start how important purchasing my first home was

Gary Martin, OCM Security & Electrical Services, Tullamore.
April 2018