Moneybox Financial Ltd, trading as Moneycube, is regulated by the Central Bank of Ireland.
Investing your money when you’re young can bring big rewards. For young Moneycube users, it’s about taking decisions now which will benefit you over the long term. At Moneycube we’ve been speaking to our users about why they invest, and
It’s almost the end of 2020 – and most of us will be happy to see it gone. Before we do, here are Moneycube’s five to-dos to wrap up your 2020 investments and finances. 1. Review your capital gains tax
My husband and I are in our mid to late forties and will have our mortgage paid off in the next three months. At that stage we will have an additional €2,500 per month disposable income. We are wondering how
A Personal Retirement Bond (sometimes called a Buyout Bond) is a pension account you can use to transfer out pensions from old jobs. You keep all the tax benefits of a pension, but cut the link with your old employer.
With less than a week until the US election, markets have stayed calm. But the result could make quite a difference to some corners of the investment market. Moneycube examines the implications for your investment portfolio. Markets are pricing for
I have a Revenue-approved small self-administered pension (SSAP) fund with €300,000 in cash. I would like to invest it in building a house for rent. The house would be owned by the fund and the rental income paid into that.
Investing your money is about more than chasing returns. For Moneycube users, it’s about taking control of your money, and knowing you’re doing the right thing with your savings. At Moneycube we’ve been speaking to our users about what held
What can a SSAPS invest in? SSAPS offer the widest possibilities for investment using a pension. The list of authorised investments for a SSAPS includes: Property: Buy-to-let investment property (both residential and commercial); development land; property syndicates; Private companies: Shares
What is a SSAPS? A Small Self-Administered Pension Scheme (SSAPS, sometimes known as a Self-Invested Pension Plan, or SIPP) is simply a pension backed by your employer. The rules state that an employer can establish a SSAP for any employee.
Private property investors in Ireland are increasingly using their pension fund as the way to acquire buy to let residential and commercial property. The tax advantage The biggest reason is tax. Invest directly in rental property in Ireland and you’ll
Setting up a SSAPS has three key steps. 1. Identifying funds Setting up a Small Self Administered Pension (SSAP) in Ireland involves significant time and effort on your part – so you’ll need funds available (or earmarked), to contribute the
Irish Life Multi-Asset Portfolios (or Irish Life MAPS) is hard to avoid. It’s the biggest multi-asset range of funds in Ireland. It sometimes seems like its advertisements are on the side of every bus. And AIB, Permanent TSB and Ulster
