Moneybox Financial Ltd, trading as Moneycube, is regulated by the Central Bank of Ireland.
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
Financial worry is one of the knock-on effects of Covid. From our work advising on company pensions and benefits, here are some tips to help you insulate your employees. 2020 has seen our workplaces turned upside down. A year ago,
Pensions Awareness Week is back! Pensions Awareness Week is an initiative to raise awareness about retirement planning, and help people take charge of their long-term savings. This year, we’re going digital. Taking place from 21 to 25 September, we will
Irish Life ran a great ad ran last year, showing women queueing up at an ice-cream van on a summer’s day to buy a 99. Imagine their disappointment to be told they could only be served a “77”. What’s that?
I currently have my savings in a number of cash accounts, here in Ireland, earning not more than 0.25%. I am at an advanced age and would like to invest €100,000 in secure low risk investments. Can you advise me
If your employer pays over your contributions, then they’ll typically handle the tax deductions for you. But if you’re paying into a personal pension each month from your own bank account, you’ll need to let Revenue know so that they
Bank of Ireland recently decided to charge negative interest rates on individual pensions set up through trustees. Are you affected? We’ve set out the key facts and some options to consider. If you’d like to discuss how Moneycube can help
If you’re in the habit of checking in on your investments every six months, you’ll have had a pretty uneventful investing year so far. Many equity funds are flat, or even slightly ahead for the six months to the end
The government really wants you to save for your retirement. So they offer three great tax advantages to encourage you to save into your pension. Here’s Moneycube’s explainer on the three tax concessions for pension savers. Read how tax relief
