Are you considering early retirement? Michael O’Connor, a trusted financial advisor with over 15 years of experience, specialises in helping you access your pension early while maximising your tax-free benefits.
Michael O’ Connor is an experienced senior financial advisor specializing in retirement planning and tax-efficient strategies for early pension access. He is known for his personalized, strategic advice tailored to individual needs and life circumstances.
We’ll begin by evaluating your pension plan to determine if early access is permitted. For personal pensions or PRSAs, we’ll explore the option to retire as early as age 60. If you have an occupational pension, we’ll examine the criteria for early access based on employment termination after age 50.
Validated by your doctor’s reports you may be allowed to access your pension without waiting until the standard retirement age.
Upon unlocking your pension, we’ll guide you in withdrawing up to 25% of your pension fund as a lump sum tax free if you wish. The cap on the first 25% tax free is €200,000. After €200,000 and up to €500,000 the tax is 20%.
