Approved Retirement Funds

Approved Retirement Funds (ARFs)

An ARF is another pension vehicle, like a Personal Retirement Bond.

  • Funds grow tax-free within the ARF (as it does with all pensions).
  • Withdrawals can be made from the ARF until there are no more funds left.
  • From age 61, it is compulsory to withdraw a minimum of 4% of the fund per annum.
  • All withdrawals are subject to income tax, UCS, and PRSI.
  • In the event of death, the full fund values of the ARF paid to the individuals family/estate
  • At any stage, there is an option to purchase an annuity (buying a guaranteed income for life) with part or all the funds remaining in the ARF.

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