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Can I cash in/ Surrender Prsa

  • 06-09-2011 02:00PM
    #1
    Registered Users, Registered Users 2 Posts: 40


    Hi,

    Just wondering does anyone know if I can cash in my PRSA, have not paid into it since 2006 and could do with some cash to pay off a few bills.

    Thanks


Comments

  • Registered Users, Registered Users 2 Posts: 302 ✭✭Kennie1


    You cannot surrender your PRSA until you are 60 except in the following circumstances;

    You are age 50 or over and have retired and with your employer's concent

    The value of the assets are less that €650

    At any time if you have to retire due to ill health.

    Apart from this you cannot cash it is.


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