Personal tax relief
The calculator applies the configured age band to relevant earnings capped at €115,000, deducts existing personal contributions, and limits the proposed eligible contribution to the remaining capacity. It multiplies that eligible amount by the selected Income Tax rate. This simplified illustration does not assess multiple-income interactions, actual tax paid or scheme-specific restrictions.
Fee comparison
Both scenarios use the same gross annual return. Monthly net growth is (1 + gross annual return)^(1/12) divided by (1 + annual management charge)^(1/12), minus 1. Net contributions are added at month end. The comparison excludes unspecified policy fees, transaction costs, transfer penalties and tax. Charges deducted are separate from the lost growth on those charges.
Retirement projection
Monthly contributions remain fixed in nominal euro terms. The model applies monthly net growth, then deflates the projected fund by the inflation assumption to show today’s money. The target private income is the chosen income less any user-entered State Pension. Dividing this requirement by the selected withdrawal rate gives an illustrative fund target. This is not an annuity quote or a sustainable-income guarantee. It excludes tax, retirement lump sums, contribution escalation and explicit longevity modelling.
Company and questionnaire results
Company funding references separate personal relief from the employer PRSA salary rule. Occupational funding needs an individual calculation. Questionnaire results are qualitative checklists and discussion routes, never product suitability decisions.
Research and updates
Provider information must identify the product, source and review date. Undated or unsourced performance rankings are not published. Review technical content quarterly and after relevant rule changes. Past returns are not a reliable guide to future performance.
Last reviewed: 21 September 2026. Rules depend on your circumstances.