Helping you on Life's Financial Journey
For those impacted by Covid-19, the attached is a link to the Department of Employment Affairs & Social Protection in order to register for COVID-19 Pandemic Unemployment Payment. This is an emergency benefit paid by the Department to all employees and the self-employed who have lost employment due to a downturn in economic activity caused…
Read more
Call Eolas Money before you do anything rash financially! These are extraordinary times, and market corrections like this only come around once a decade or so. If you are worried about your finances, looking for some reassurance, or just need to understand the current financial situation a little better, just call us. We’d ask you…
Read more
Another good measure announced by the Revenue Commissioners to defer collection of LPT due to be paid by single debit next week. Revenue are recognising the cashflow difficulties that households will experience as a result of #Covid19 and this is good to see. If Eolas Money can help you with any financial planning requirements, please…
Read more
We hope this finds you and your families keeping well despite the evolving situation regarding the Covid-19 virus and it’s impact on all strands of society and economic life in Ireland. Given this uncertainty, we felt it might be useful to share some of our thoughts on what’s happening at the moment and what that might mean for…
Read more
There has been losses on global stock markets over the last few weeks predominately relating to the Covid-19 outbreak. With the amount wiped off global shares now heading into the trillions, concern is growing about the longer-term impact the virus may have on share values which will have an impact on your longer term investments…
Read more
3 topics covered in the personal finance section of the Irish Independent today. Mortgages: Should you be your banks ideal customer and over pay each month if you can get a better interest rate someplace else!! No way.. Life Assurance: Sufficient cover should be in place to maintain the same standard of living within the…
Read more
Goal based financial planning provides our clients with a greater sense of financial clarity, peace of mind and control over their financial futures. If you want to see how goal based financial planning can help you, contact Eolas Money and we will be happy to show you. 052 612 9696 or queries@eolasmoney.ie#
Its that time of year when life assurance companies publish their claim statistics and here are some interesting details from Zurich Life’s 2019 death & serious illness cover claim statistics. In relation to serious illness claims, heart related illnesses account for 31% of male claims and yet for females, it was only 3%. At Zurich,…
Read more
One of the key benefits of saving for your retirement is the tax treatment of pension returns compared to other investments. See below: Investment Funds = Exit tax 41% Deposits = DIRT 33% Equities = CGT 33% Rental Income = Income Tax 20% or 40% plus PRSI & USC Pensions = Tax free Returns So…
Read more
