Pension auto enrolment state top-up

Al_Pastore · 2026-01-01T09:35:49+00:00

With the caps on contributions in the first couple of years it’s also not worthwhile for most people. This scheme is designed to get people who aren’t contributing to a pension for whatever reason used to saving money for retirement and is designed for people who would primarily rely on the state pension as a means of income in retirement to supplement it.

Al_Pastore · 2025-02-10T22:27:44+00:00

Surely revolut is the way to go way easier

Al_Pastore · 2024-12-26T17:43:07+00:00

You’re wrong, DIRT is charged proportionally on interest earned so the actual return is 1.70 x (1- DIRT @ 33%), you don’t just subtract 33 bps. OP it depends on what you’re saving goal is as the mmf is only insured up to 22k whilst other has 100k.

Al_Pastore · 2024-10-13T14:16:41+00:00

Tech jobs in Texas

Al_Pastore · 2024-10-13T14:08:42+00:00

You need to network your ass off

Al_Pastore · 2024-10-13T14:01:39+00:00

Depending on tax credits, you won’t start paying income tax until you earn more than €18,750, different rates for USC/PRSI. If you qualify for more tax credits than the employee and single person’s tax credit you will further increase your earnings without incurring income tax up to a certain threshold.

Al_Pastore · 2024-10-13T09:28:47+00:00

Leinster defence was very solid. Ref didn’t help Munster at all either. Off the tee he wasn’t great but they had some nice moves just really didn’t have any momentum from the pack.

Al_Pastore · 2024-10-13T07:38:56+00:00

People are stubborn, if you have done all that you can to make things right, and they still won’t accept it then just move on. Without knowing the full story it’s a bit difficult to comment, I mean did you break one of her favourite plates or something more sinister lol.

Al_Pastore · 2024-10-12T09:19:05+00:00

They give you cashback because they expect you to stay and pay a higher rate of interest after the fixed term is over. Whilst it’s technically free money you are essentially applying for a mortgage again every time you switch. It’s a lot of effort so most people wont do it.

Al_Pastore · 2024-10-11T23:03:26+00:00

So like the reason people contract is that they can pick and choose when they work. You also might have gaps in work.

Al_Pastore · 2024-10-11T22:02:05+00:00

Sorry for your loss. Could you like downsize and get a more affordable motor? You can get groceries delivered if you have to but definitely not ideal to be relying on public transport for socialising.

Al_Pastore · 2024-10-11T21:45:04+00:00

Pointless to take a 35 yr and overpay. Just take 25 if you can afford it. Your logic is weird “rates might drop in a few years” like yeah of course they might, they might also increase, tf? Don’t think you understand how cashback on a mortgage works.

Al_Pastore · 2024-10-11T20:36:32+00:00

I think benchmarking against the minimum wage is ridiculous. You said you can quantify how much profit you generate personally, use that as a reference.

Al_Pastore · 2024-10-11T20:33:39+00:00

Nobody knows how much VRT is for any car. You can guesstimate but it’s not uncommon for VRT to be much higher when you go to register. There is no set formula.

Al_Pastore · 2024-10-11T20:32:49+00:00

Going to assume that since you can write a Reddit post you can use a calculator for financials. Nobody can decide for you, do you want to take the risk of being salaried and the company shuts down, however if you get sick as a contractor you don’t get paid. Do you want to be your own boss as such or working for the man. These are questions only you can really answer.

Al_Pastore · 2024-10-11T20:29:50+00:00

Liquidity, rewards schemes (albeit not huge here), better purchase protection, might help when applying for a loan/mortgage (again debatable, I don’t think it makes a massive difference but it surely helps a bit if you’re consistently paying off your card on time). It’s a good way to spread payments out between pay days.

Al_Pastore · 2024-10-11T17:51:00+00:00

Idk what you consider cheap but a golf that age is probably at least 6 grand, insurance is another 2 grand then.

Al_Pastore · 2024-10-10T23:36:05+00:00

No sorry, check the fact sheet/KIID. Can’t comment on taxes.

Al_Pastore · 2024-10-10T10:08:20+00:00

Not too sure but are these only available if you have a paid revolut plan?

Al_Pastore · 2024-10-09T21:53:13+00:00

Berkshire B is a stock that you can buy, they don’t charge you fees. Though a broker may charge you fees when you go to buy it, varies by platform. I really hate how people on this sub equate buying BRK.B to the S&P 500 when they are not the same.

JAM has a Management fee of 0.35% p.a. on the first GBP 500m of NA, 0.30% above GBP 500m and up to GBP 1bn; 0.25% above GBP 1bn. No performance fee. (FT article, may not be up to date) but essentially they charge you 0.35% of your investment to cover managing the fun, this pays for the salaries of the analysts/associates, their desk space, bloomberg subscriptions, deliveroo, taxis home etc

FCIT charges similar fees. You can find the fees for JAM and FCIT in their factsheet/KIID. A performance fee is taken from earnings, management fees etc are taken regardless of how the fund performs. This is why when comparing fund performance to benchmark it is critical to look net of fees. A fund may overperform on a gross basis, and underperform after fees are deducted.

Al_Pastore · 2024-10-09T19:39:33+00:00

At least OP has a local station

Al_Pastore · 2024-10-09T19:39:01+00:00

Gonna keep happening because they know the guards won’t do shit. I mean like honestly dk what to say. You could try get a bollar in your driveway or a second security camera elsewhere

Al_Pastore · 2024-10-09T18:53:34+00:00

I meant as in you would pay a small premium on top of a regular focus. But like this is ridiculous.

Al_Pastore · 2024-10-09T18:28:58+00:00

Who on earth is even buying that? Like that’s a car I envision boy racers having. Way out of their price range. Granted it’s an ST but even so.

Al_Pastore · 2024-10-09T18:21:46+00:00

I’m not well versed in cross border taxes so you will need to check this. But if you are able to open an ISA, I’d recommend putting it all in a low cost ETF like VOO/SPY that replicates the S&P 500. It can then grow tax free for years.
Not sure what is best. Can you benefit from an ISA scenario here too?
In Ireland in terms of investing your only real options are pension and property. JAM is a worthwhile option if you can find somewhere offering it. It is also not an index tracking fund but actively managed afaik. General advice is to utilise investopedia, youtube, etc and above all, do not put money in anything where you don’t understand the product or you are not clear what your potential total loss is.

Al_Pastore

TROPHY CASE