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How Much Can You Get from a Tax-Free Lump Sum?
How Much Can You Get from a Tax-Free Lump Sum?
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Guest
Guest
Aug 19, 2025
9:47 AM
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The amount you can receive from a tax-free lump sum varies significantly based on several factors. Primarily, it hinges on your superannuation balance and the specific rules of your pension scheme.
In Dublin, many people often look at their retirement savings in terms of potential cash-out options. Generally, for those over a certain age or who meet specific conditions, accessing these funds becomes easier and more beneficial.
Keep in mind that payout limits also exist. Understanding these limitations helps you plan effectively for your future financial needs.
If you’re nearing retirement or considering a withdrawal, consulting with Money Maximising Advisors can provide tailored insights into maximising what you can take home without incurring taxes.
Each situation is unique; therefore, knowing exactly how much you’re entitled to is crucial for effective financial planning.
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Call: +353 91 393 125
Email: office@mmadvisors.ie
Address: Unit 3, Office 6, Liosban Business Park, Tuam Rd, Galway, Ireland
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