PRSA

Personal Retirement Savings Account

How does a PRSA work

A PRSA is a 'Personal Retirement Savings Account'. PRSAs were introduced by the Government to encourage more individuals to save for their retirement. They are regulated by the Pensions Board and the Revenue Commissioners, with the aim of providing a clear, simple savings vehicle for people when they retire.

For more detailed information on our PRSA solutions click on the link relevant to you below

Four great reasons to choose an Irish Life PRSA

1. Simplicity

All of our PRSA solutions were designed to be easy to understand and to help you save for retirement in a straightforward way. Whats more all our PRSA booklets have the “Plain English” award, so no jargon!

2. Tax Relief

Subject to revenue limits every euro you pay into a PRSA may qualify for tax relief. This means that you could get almost half your money back if you’re a top rate taxpayer (currently 41%, May 2010). Also there’s no tax on growth of the PRSA funds, so your money can grow quickly.

3. Low Charges

All of our PRSA solutions offer great value for money with no large up front costs.

4. Great Options

However you want saving for your retirement to work, we have a PRSA to suit you.

Click here to find out more about our Clear PRSA booklet (pdf 692kb), Clear PRSA insert and Fund Guide.

Tax information is current and could change in the future.

So what next?

Starting a PRSA is easier than you think. To get your PRSA plan started simply:

Call Irish Life today on 1890 252 366

or

Speak to a financial advisor – click here to find an advisor near you.

or

Let us contact you at a time that suits you by clicking here

In the interest of customer service we will record and monitor calls.

Warning: The value of your investment may go down as well as up.

This product may be affected by changes in currency exchange rates.

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