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SSIA Question

  • 10-01-2007 3:43pm
    #1
    mmalaka
    Registered Users, Registered Users 2 Posts: 792 ✭✭✭


    Friends;

    I am kind of new here in Ireland; and I keep hearing about SSIA accounts; but still the idea is not that much clear to me; I am looking for a simple and clear answers here before going to the bank

    What is the SSIA?
    Is it only for Irish??
    What is needed to open an SSIA account??
    Is there a relation between the SSIA and the employment status or the salary?
    ...etc

    Regards


Comments

  • #2
    r3nu4l
    Registered Users, Registered Users 2 Posts: 17,399 ✭✭✭✭r3nu4l


    I'm afraid that access to the SSIA closed in 2002.

    SSIA stands for Special Savings Incentive Account.
    For every €4 contributed by the saver the Irish Government contributed €1
    A maximum contribution of £200 was allowed at the time (approx €253,95)

    Please see here


  • #3
    marktsang
    Closed Accounts Posts: 225 ✭✭marktsang


    actually the max was more like 250 per month


  • #4
    Idleater
    Registered Users, Registered Users 2 Posts: 6,236 ✭✭✭Idleater


    marktsang wrote:
    actually the max was more like 250 per month

    No it isn't.

    It is €254. Read the link that r3nu4l posted.

    L.


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