Top up your pension fund through Additional Voluntary Contributions and secure a better standard of living in retirement.
An AVC, or Additional Voluntary Contribution, is an optional payment you make to your pension fund on top of the regular contributions, to increase your retirement benefits.
AVC’s are typically made with and employer or occupational pension scheme and are available for most public and Private sector employees.
It’s a great way to boost your pension savings, and these contributions often come with tax relief advantages.
Contributions are tax-deductible at your marginal rate.
Make regular payments or one-off lump sums.
Increase pension income and your tax-free lump sum.
Contributions are invested, with potential for long-term growth.
Locked-in until retirement — a disciplined savings tool.
Offered to members of most occupational pension schemes.
Mary earns €60,000/year and contributes an additional €5,000 as an AVC.
She gets 40% tax relief, saving €2,000 in taxes. Her €5,000 is invested and grows with her pension fund.
Result: larger retirement fund and a potentially higher tax-free lump sum.
AVCs are not accessible before retirement.
The value of investments may go up or down.
Past performance is not a reliable guide to future results.
Peace of Mind for Families Across Ireland
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