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Discover how your savings could grow with the Irish Investment Account (IIA)
The Irish Investment Account (IIA) is a proposed government-backed savings and investment account that will allow individuals to invest up to €12,000 each year. The account is expected to offer tax advantages and flexible access to money, helping people build long-term savings through investing.
In the meantime, why not try our investment growth calculator to explore how your money could grow over time? Advice is provided by Irish Life Financial Services.
What is an Irish Investment Account (IIA)?
The Irish Investment Account (IIA) is a proposed government-backed savings and investment account designed to make investing easier and more accessible.
It aims to offer tax advantages, simpler investing and flexible access to your money, helping more people put their savings to work over the long term.
Why is the government introducing the IIA?
Irish households missed out on around €800 million in deposit interest in 2024 by keeping money in low or no-interest accounts. The Government's aim is to make investing more accessible, helping Irish consumers benefit from long-term investment growth while encouraging greater participation in investing.
What are the benefits of the IIA?
- Invest up to €12,000 per year
- Tax-free gains up to €50,000
- Flexible access to your money
- Build long-term savings
Investment Account Calculator
See how your money could grow with an investment account.
No minimum investment amount; you can contribute up to €12,000 each year.
No tax on gains up to €50,000. A 1% annual tax applies above this amount.
Calculations are based on an illustrative annual return of 5%.
See how your money could grow
Enter your investment plan details to see your potential value, contributions and potential growth.
Your contributions
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Total amount invested
Projected growth
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Projected additional value
Value subject to 1% tax
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Value above the €50,000 tax-free threshold.
Projected value
Projected value
Your contributions
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Your Irish Investment Account (IIA) questions answered
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Warning: If you invest in this product, you may lose some, or all, of the money you invest.
Warning: The value of your investment may go down as well as up.
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Irish Life Financial Services Limited, trading as Irish Life, is regulated by the Central Bank of Ireland. Irish Life Financial Services is an insurance intermediary tied to Irish Life Assurance for life and pensions.
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“Use 60 minutes to invest in your life; it’s time well spent on your future.”
- Linda Moran
Financial Advisor, Irish Life
Irish Life Financial Services Limited, trading as Irish Life, is regulated by the Central Bank of Ireland. Irish Life Financial Services is an insurance intermediary tied to Irish Life Assurance for life and pensions.