In the wake of the Budget, the government has introduced PRSA contribution limits. That will restrict the amount that employers can pay into PRSAs for members of staff. If you intend to pay substantial lump sums into your pension in the near future, you could be affected. Read on to understand what’s changing, how it … Continued
If your company is like most in Ireland, its accounting year ends in December. And that means now’s the time to think about making a special contribution to your company pension – especially if you’ve experienced a strong trading year. Read on to find out what’s good about topping up a company pension before year … Continued
Life insurance, income protection and business protection can get complicated, but truth be told, many of us have the same questions. Moneycube is here to help with our FAQ! From the benefits of life assurance, to protecting your business and your family, and everything in between, here’s Moneycube’s rundown of everything you ever wanted to … Continued
US markets make up around two-thirds of the world’s stock markets by value. So the US election on 5 November has global relevance for investors. How will political changes impact the values of equities, bonds, and other assets? The result itself… …is too close to call. Yes, there is some evidence of an emerging ‘Trump … Continued
I have just found out that I have inherited the sum of €65,000 from a deceased relative, which I was never expecting to receive. I am in my mid-30s, single and have a steady job (my salary is €55,000). I have owned my own apartment for the past five years, and am paying the mortgage … Continued
The government has announced changes to the lifetime pension cap (also known as the standard fund threshold) in Ireland. Currently the cap is €2 million, and beyond that, a penalty tax applies. The aim is to make sure the government gets its tax take. (There are some ways to squeeze a bit more below the … Continued
I am in my early 80s and have owned a two-bed apartment in Dublin city centre for many years now. I’ve never lived there, but some of my children and other family members have used it as a base when attending college and at other times. It has recently been vacated and I’m now trying … Continued
Everything you need to know to make a last-minute pension contribution ahead of the 2023 income tax deadline Making a lump sum pension contribution is a great way to rapidly increase your pension provision and secure your financial future. And now is a great time to top up your pension – sometimes called an Additional … Continued
Interest rates are finally being cut across developed markets. The European Central Bank met today and cut rates by 0.25% to 3.5%. The Federal Reserve is expected to cut US rates by the same amount, or maybe double, next week. And the Bank of England meets in a week’s time to consider the same question. … Continued
