Older individuals facing medical issues or disabilities have a variety of payments and services at their disposal. What you are eligible for depends on your age and condition, with the Department of Social Protection being in charge (apart from some exceptions).
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Financial blog and articles on savings, investments, and personal finance from Advice First Financial.
If you’re reading this, like many people in Donegal you’re probably thinking about how your pension plan works if you leave your current employment or maybe you have left already and want to understand the options available to you.
A state pension will provide you with a basic level of retirement income, provided you qualify. For example, the full state pension (contributory) is €13,172 per year (or €253.30 per week). The state pension increases by €10 per week for those over age 80. (Correct as of Jan 2022)
Yes, you can. If you wish to claim backdated tax relief for 2021 you will have to ensure that your pension contribution is paid on or before 28 October 2022 AND that you have submitted your claim for tax relief before the tax deadline.