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Medical card - Savings and Investments question

  • 19-05-2015 9:27pm
    #1
    mrcheez
    Registered Users, Registered Users 2 Posts: 14,088 ✭✭✭✭


    My OH has an investment with RaboDirect but it sits there either making a profit one month or making a loss the next.

    The profits aren't transferred to a personal account.

    She wants to apply for a medical card and there is a section where they ask what the "Weekly Income" is from "Savings and Investments" and then what the "Actual Weekly Income" is.

    As she doesn't actually extract any income from the investment does she need to include it in the application? If yes, does she put "Actual Weekly Income = 0"?

    The current value of the investment is a little over the threshold (although it could just as easily be below the next month if it makes a loss).


Comments

  • #2
    mp22
    Moderators, Business & Finance Moderators, Regional South Moderators Posts: 6,854 Mod ✭✭✭✭mp22


    The yearly profit divided by 52 will do,and yes she needs to mention the savings/investment acc


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