PRSAs -What is a PRSA Pension?

A PRSA is a personally owned pension that lets you save for retirement on your own terms. You can contribute to it whenever you want and stop making contributions at any time.

Product features

  • Tax relief - Get tax relief on your PRSA contributions; plus any investment growth of your PRSA is tax-free.
  • Flexible - You're in control: you decide how often and how much you want to contribute to your PRSA.
  • Portable - If you move jobs, or even take a career break, you can take your PRSA with you.

Our Pension Calculators can help you decide how much you can afford to save.

Tax Relief
You can claim income tax relief on contributions to a PRSA, up to certain limits. And if your retirement fund grows, the growth is also tax-free. When you retire you can - subject to certain limits - take a lump sum, some of which may be tax-free.

Who is this product for?
A PRSA is for everyone, regardless of employment status. You can take out a PRSA if you're self-employed, or working for a company.

Financial Services