Is the revenue maximum Tax free lump sum on retirement €200k or is it the lower of €200k and 1.5 x Final Salary
e.g. Where a person is on a DB scheme and has AVCs also
Salary €60 k,
Tax Free Lump Sum from Company scheme = €90k (1.5 x Salary)
AVC fund €800,000
On retirement could the person take 110k from their AVC fund tax free on top of the €90k f...
e.g. Where a person is on a DB scheme and has AVCs also
Salary €60 k,
Tax Free Lump Sum from Company scheme = €90k (1.5 x Salary)
AVC fund €800,000
On retirement could the person take 110k from their AVC fund tax free on top of the €90k f...