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Can ARF or Annuity option on retirement be changed ?

SuperBowserWorld · 2022-01-15 21:14:17

I've taken annuity as the default option on retirement on previous PRSAs and company pension. Can this be changed at anytime up to retirement ?

15-01-2022 10:14pm

#1

SuperBowserWorld

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I've taken annuity as the default option on retirement on previous PRSAs and company pension.
Can this be changed at anytime up to retirement ?

0

Comments

#2 16-01-2022 10:42am

Henry Ford III

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Not sure I understand that but you make your decision on how you wish to take retirement benefits at retirement surely?

1
#3 16-01-2022 10:46am

SuperBowserWorld

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https://www.boards.ie/discussion/comment/118483348#Comment_118483348

I would hope so. It was a box on a form. I will clarify with the providers.

1
#4 16-01-2022 2:51pm

sofireland

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You can change pre retirement yes, if you choose to take an Annuity when you reach retirement age that can't be changed. You can convert an ARF to annuity too if you wish in retirement

2