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PRSA pension tax free lump sum

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  • 13-04-2024 10:42am
    #1
    louis346789
    Registered Users Posts: 320 ✭✭


    Need clarification please. Information in Revenue guidance document which conflicts with my understanding.

    The tax free lump sum at retirement. Is it possible to draw it down in multiple parts. Eg in 5 annual portions of say 40k each and still avail of the tax free benefits.

    Prior to now I understood it was only available as one lump sum. The Revenue guidance documents seem to indicate at least 2 drawdowns are possible.

    Thank you.



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    #2
    louis346789
    Registered Users Posts: 320 ✭✭louis346789


    Mod please delete. I have now posted this in work and jobs section.

    Thank you



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