Personal Retirement Savings Accounts

18 December 2019

Personal Retirement Savings Accounts

Chapter 24 of the Revenue Pensions Manual, which deals with Personal Retirement Savings Accounts (PRSAs), has been updated:

  • to remove content that is no longer relevant
  • to reflect the position, outlined in eBrief No. 112/19, that certain payments by the Department of Employment Affairs and Social Protection may be taken into account in determining pension or annuity income for the purposes of the income threshold ("specified income") for the PRSA provision in section 787K Taxes Consolidation Act 1997 (TCA).