Understand the key difference: annuities end with the holder, while ARFs can be inherited tax-free by a surviving spouse. This makes the choice one between guaranteed income and wealth conservation.
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As we navigate through these Pension changes, new updates have emerged, providing more clarity and some additional considerations for both employers and employees
Continue readingMaking an informed choice with you pension requires understanding the benefits and drawbacks of your existing scheme.
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The final six months of 2023, especially the last two, marked significant increases in both equity and bond markets.
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SME owners should weigh the tax implications of each profit extraction method. Keeping profits within the company subjects them to Corporation Tax and possible additional surcharges.
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The goal of financial freedom often comes with an ingrained sense of stress and anxiety. This insight from FJ Hanly & Associates highlights the difficulty in transitioning from wealth accumulation to enjoyment and relaxation
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Key Announcements from Ministers Michael McGrath and Paschal Donohoe On Budget Day
Continue readingJoin FJ Hanly & Associates, a distinguished Financial Brokerage with over two decades of dedication to providing expert financial advice to a diverse clientele
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Initiating a University Savings Plan can alleviate some of the financial stress associated with funding your child’s university education
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Consider this scenario: your children inherit your assets, and even after leveraging available reliefs and exemptions, there’s an outstanding inheritance tax liability of €250,000. There is a solution.
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