Topping up Pension

I have a pension in work through Irish Life. Currently put in 10% and employer matches up to 5%.

I can put in up to 15% for tax relief. Can I make a payment to "top up" my contributions for the year 2020 to get the tax relief? If so, how would one go about doing it?

Broadly yes - this would be called an AVC - Additional Voluntary Contribution.

Does your employer engage a pensions adviser?

Bojill

I'd start with calling Irish life.

Deleted User

Deleted User wrote: »

Broadly yes - this would be called an AVC - Additional Voluntary Contribution.

Does your employer engage a pensions adviser?

Cheers, emailed the pensions adviser and it's all sorted now.

Henry Ford III

Bojill wrote: »

I'd start with calling Irish life.

Not a good idea imho.

Bojill

Henry Ford III wrote: »

Not a good idea imho.

Well that's what I did last year when I needed to do a change.
Very simple and straightforward.

Henry Ford III

Bojill wrote: »

Well that's what I did last year when I needed to do a change.
Very simple and straightforward.

What if Irish Life weren't the best choice (could be for a variety of reasons)?

Just to close the loop, emailed pension advisor, they responded with max amount I could transfer and bank account. Made the transfer yesterday and claimed the tax back directly from Revenue.

Nate--IRL--

How do you go about claiming the tax back? I'm looking to make manual contributions to my existing PRSA.

Nate

I did it as part of my Form 11 return