How these business owners plan to have €50,000 income each year for the rest of their lives. Sean (age 48) and Mary (age 48) are married. They have 2 children, and they own their company 50/50. They have both worked in their company for the last 15 years. Their...
Have You Got A Self-Administered Pension with Cash on Deposit? Most Business Owners with Self-Administered Pensions set them up originally to purchase property in their Pension. These Property based Pensions have done quite well over the past decade but are now facing...
Extracting Cash from Your Company TAX FREE Scenario 1 Sean and his wife Mary have managed their own company for the last 12 years. They both work in the business full time on a salary of €50k each, they own the company on a 50/50 basis and they are both age 51. They...
How Can Pension Planning Help Me Transfer Company Wealth To Private Ownership? If you are a business owner running a successful company, you will no doubt at some point turn your attention to the important issue of how to turn company cash into private ownership in a...
What Are The Practical Decisions & Steps I Need To Take When Accessing My Private Pension? If you are Self Employed, a Company Director or a member of an Employer’s Pension Scheme, it can feel like a very long journey from the time you first started paying into...
Accessing your Private Pension can be a daunting experience. You will have the option of taking at least 25% of the value of your Pension fund as a tax-free cash lump sum. However, there are important decisions to make when it comes to deciding on how best to use the...