Beat the Tax Man

      What are my options?

You will have a number of options at retirement and, within certain Revenue rules, you can combine options in whatever way suits you. The number of options available to you at retirement depends on the type of pension you have.
The four main options at retirement vary, but are broadly:

  1. Buy an annuity (i.e. an income in retirement).
  2. Invest in an Approved Retirement Fund and/or Approved Minimum Retirement Fund (these two we can talk about in another blog).
  3. Take a taxed cash lump sum