Pensions for Directors/Managers

Retirement Planning for Company Directors and Managers – Executive Pension

What is an Executive Pension Plan?

An Executive Pension is effectively a long term tax efficient savings plan.

Why take out an Executive Pension?

As a Company Director or Business Owner you want it to be easy to turn cash you have earned in the company into personal wealth.  And much of this can be done tax free.

What are the benefits of an Executive Pension Plan?

• Make company contributions income tax-free to your plan – often multiples of salary.
• Manage your personal and company’s wealth in a tax-efficient way.
• Build for your future retirement fund independently of your company and its future profitability.
• Unlike salary increases, bonuses or company cars, employer contributions to an Executive Pension Plan are not normally viewed as income, so they are not taxed.
• Invest in a comprehensive range of funds including direct investment in the stock market and property.
• Considerable flexibility in how your benefits can be taken when you retire including a combination of Tax Free Lump Sum, ARF, Annuity and Taxable Cash.

Why choose Wexford Financial Services Ltd?

After our informal yet fully professional ‘one to one’ consultation you will be aware of:

• The level of income you require in retirement.
• The contribution rate required now to help build the retirement fund you will need to provide your required retirement income.
• The many tax breaks available and how they can be applied for your benefit.
• The type of pension plan that will suit you best e.g. Executive Pension, Personal Pension, PRSA etc.
• The different investment fund options open to you and the suitability of the fund(s) to your investor profile and to your term to retirement.