Personal Retirement Savings Accounts (PRSA’s):
A PRSA is a flexible, low-cost pension that you can make tax-deductible contributions to. You own it, so you can take it with you wherever you work. If has the flexibility to allow you start and stop making contributions whenever it suits you.
Features:
- A personal pension that works like a savings/investment account for your retirement.
- A type of defined contribution scheme that allows you to make regular or one-off contributions which are tax-deductible, subject to normal revenue limitations.
- It's flexible, so you can take it with you from job to job without charge and start, stop or change the amount you contribute depending on what you can afford.
- A contract approved by the Pensions Board and Revenue Commissioners.
Retirement Planning:
The state provides everyone with a basic level of retirement income, provided you qualify. But if that is not enough for you to live the life you want then you need to decide where your additional income is going to come from. Saving for your retirement is one of the most tax efficient vehicles available to taxpayers.
Talk to a JLT Financial Adviser today and discuss the pension investment options available to you to start your private pension planning today on 01 2026000.
Approved Retirement Funds(ARF’s):
An approved retirement fund (ARF) is a post retirement investment fund. This is an alternative to buying an annuity, i.e. an annual income, with your pension fund at retirement. The following pension investors can avail of this option at retirement.
- Personal Pension Plan Investors
- Personal Retirement Savings Plan Investors
- Proprietary Directors owning greater than 5% of the voting rights of a company
- Members of employer sponsored pension schemes who have made Additional Voluntary Contributions (AVC)
Inheritance Tax Planning:
Inheritance tax can wipe out wealth build up over a lifetimes work. There are tax efficient vehicles available to offset the worst effect of Inheritance Tax. Planning to reduce your inheritance tax is proper, legitimate and essential for the protection of your estate.
Contact JLT today and discuss how you can minimise the effect of Inheritance Tax on your estate.
Personal & Family Life Insurance Protection:
A good life assurance policy could mean the financial security of your family in the long term, by paying out a lump sum to your family if you die during the term of the policy.
To obtain a quote, or apply for this cover today, please contact JLT and ask to speak with one of our financial advisers for further information on 01 2026000.
Mortgage Protection:
Mortgage protection insurance is designed to pay off your mortgage in the event of death. Your policy runs for the same length of time as your mortgage, and the premium you pay each month depends on the size of your mortgage as well as your age, gender and the state of your health at the date of application. The premium is guaranteed for the term of the mortgage.
To obtain a quote, or apply for this cover today, please contact JLT and ask to speak with one of our financial advisers for further information on 01 2026000.
Lump Sum Investments:
The highs and lows of the world’s stock markets illustrate what every investor needs to know, namely that every investment carries with it some degree of risk. Some investors are more cautious than others. However, over the longer term, investment funds that involve a higher degree of risk can produce higher returns, but their performance can be volatile and past performance should not be regarded as a reliable guide to future performance.
For the more cautious investor access to investment markets may be directed through capital guaranteed investment bonds or ‘protected’ investment bonds where there is a stop on losses once a certain point is reached.
Long-Term Disability cover:
An income protection policy is a simple, TAX EFFICIENT & inexpensive plan that provides you with an alternate source of income if you are unfortunate enough to be out of work because of an illness and suffer a loss of earnings as a result of ANY disability, ANY injury or ANY accident.
If you were unable to carry out your normal occupation for a prolonged period due to an illness or injury, could you continue to meet your commitments? Who would pay your mortgage repayments; maintain your personal loans, your medical bills or even your children's school expenses?
To obtain a quote, or apply for this cover today, please contact JLT and ask to speak with one of our financial advisers for further information on 01 2026000.
Serious Illness Cover:
Some things are too important to be left to chance, for example, your health. Whether you are single, married, bringing up children or looking forward to retirement, you have responsibilities to maintain your financial freedom or to ensure the financial security of your dependants.
If you suffer a serious illness, such as a heart attack or cancer, a cash lump sum should help to reduce the financial impact of the illness on your life. This lump sum payment helps to ease financial pressures and give you time to recover.
To obtain a quote, or apply for this cover today, please contact JLT and ask to speak with one of our financial advisers for further information on 01 2026000.
Savings Plans:
Most people realise that they can only achieve many of their financial goals by building up the necessary capital through regular savings.
With interest rates at all time lows – and likely to remain so for a least a year, savers seeking a reasonable return on their savings may need to consider an alternative to the traditional bank account.
Over 50’s Life Cover:
50+ Easy Life Cover is a new guaranteed acceptance protection plan for the over 50s. You are guaranteed to be accepted for 50+ Easy Life Cover if you are aged between 50 and 80. You will only be covered for "accidental death" during the first two years of the plan. After the first two years, the full cover amount will apply on death. Some exclusion’s apply.
To obtain a quote, or apply for this cover today, please contact JLT and ask to speak with one of our financial advisers for further information on 01 2026000.
