Helping you on Life's Financial Journey
Finance Act 2022 was passed on 15 December 2022 and the new BIK free employer PRSA contributions are now in force since 1 January 2023. A Brief Summary of the changes as follows: Prior to 01st January 2023, an employer contribution paid to an employee or Director’s PRSA was a deemed to be a Benefit…
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Yesterday, Paschal Donohoe TD (Minister for Finance) and Michael McGrath TD (Minister for Public Expenditure and Reform) delivered the Budget 2023 and we have summarised some of the key personal tax related changes in our Budget Summary which is available by clicking HERE.
An update for our SME clients and for those with responsibility for running your company’s pension scheme about the introduction of new EU legislation – IORPS II – and the impact that this new legislation will have on the future governance and management of defined contribution pension schemes.. If you are looking for information on…
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Financial Planning is about aligning your finances to your objectives. To do that properly, your starting point is to understand the way you spend money at present and what it takes to maintain your current lifestyle. To see what the spending picture looks like for you, please do the following: Complete the Monthly Income…
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Did you know…Just over 1 in 10 people have some form of income protection! If we were unable to work due to illness or disability, we wouldn’t rely on the State Illness benefit as our main source of income! Would you?? And how long do you think your savings would last you! So…
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Cashflow modelling is a vital part of the financial planning process completed with the aim of achieving financial goals, such as repaying your mortgage, buying a holiday home, paying for school and university fees and being able to retire when you want to. It is also important that you have sufficient funds for emergencies to…
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Eolas Money are delighted to provide our SME clients with a digitalised pension platform allowing their employees access to real time information on their pension plan via their mobile app, tablet or laptop. Key Features of our digital Pensions platform allows members to: Immediately view their personalised pensions account via their mobile app, tablet or…
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As had already been announced by Government, legislation was passed to keep the State Pension age at 66. There is now no provisions in legislation to trigger a future increase of the State Pension age to 67 from 01/01/2021 and to 68 from 01/01/2028. New legislation will need to be passed if the State…
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