AVC Pensions

TOP UP YOUR RETIREMENT SAVINGS

Additional Voluntary Contributions (AVCs) let you top up your occupational pension to build a bigger retirement fund, increase your tax-free lump sum entitlement, and make full use of the generous tax relief available.

Scope

We can help you with

AVCs for public sector employees AVCs for private sector schemes Last-minute AVCs before retirement Standalone AVC PRSAs Tax relief optimisation Retirement options for AVC funds

What we do

  • Review your existing scheme and identify scope for AVCs.
  • Calculate the tax relief available at your marginal rate.
  • Compare AVC and AVC-PRSA options and their charges.
  • Help time contributions to maximise relief each tax year.
  • Advise on using AVCs to maximise your tax-free lump sum.

Why book a avc pensions?

If you're a member of a pension scheme at work, AVCs are often the single most tax-efficient way to save more: contributions attract relief at up to 40%, growth is tax-free, and the proceeds can boost your lump sum at retirement.

AVCs are especially powerful for public sector workers and anyone approaching retirement with unused tax-relief capacity. We'll show you exactly what your contributions would cost after relief — the number often surprises people.

Good to know

AVC Pensions FAQs

Age-related limits apply — from 15% of earnings under 30 rising to 40% at 60-plus (on earnings up to €115,000), including your regular contributions.
Yes, and a lump-sum AVC before the tax deadline can be offset against the previous year's income — a popular year-end planning move.
An AVC sits within your employer's scheme; an AVC-PRSA is your own separate contract. We'll compare charges and flexibility for your situation.
AVCs are drawn at the same time as your main scheme benefits, and can be used to maximise your tax-free lump sum within Revenue limits.

Warning: Past performance is not a reliable guide to future performance.

Warning: The value of your investment may go down as well as up.

Warning: If you invest in these products you may lose some or all of the money you invest.

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