What is a Personal Retirement Savings Account (PRSA)?
A PRSA, or Personal Retirement Savings Account, is a retirement savings tool that puts you in control of your financial future.
It’s a pension account that you own personally, allowing you the flexibility to save for retirement on your own terms.
With a PRSA, you have the freedom to contribute whenever you choose and can stop making contributions at any time.
Contributions
How much should I contribute? It’s one of the most common questions people ask. While there’s no minimum amount, the maximum amount you can contribute depends on your age.
How does your PRSA investment work?
Your pension contributions are placed into investment funds aimed at increasing your savings.
Typically, the farther you are from retirement, the more aggressive your investment options can be.
Talk to Kenneth to learn more about PRSA. We can guide you through a variety of investment solutions tailored to your preferred level of risk.
Contact Kenneth at PSF to explore your options
