Can I Withdraw An Income From My ARF?
Withdrawing Income From An ARF
You have the option of taking income from the ARF fund as and when you see fit (subject to a minimum of 4% per annum from age 60).
What Happens If I Die?
In December each year you may have to withdraw a certain percentage from your ARF to match Revenue requirements: 4% if you're 60 or over for the full tax year. 5% if you're 70 or over for the full tax year. 6% if you have combined ARF and vested Personal Retirement Savings Accounts (PRSA) assets of €2 million or more, and you're 60 or over for the full tax year. You'll find more information on www.Revenue.ie . It is important to know that any ARF Fund forms part of your estate on death.
Unhappy With Your ARF?
If you have an existing ARF that you are unhappy with, we can offer you some solutions and advice.
For a free no obligation consultation, fill in the form and we will contact you by phone or email to see if we can help. Or call Joanne on 01-5267770
Arrange A Callback
"I had a number of pensions that I was ready to drawdown but I was very confused as to how I should do this, and what I needed to do. ARF Ireland took control of the process for me and dealt with my existing pension providers to get me my tax free lump sum from the pension, and also set up my ARF & AMRF."
- DAVID, RETIRED COMPANY DIRECTOR (I.T.)
"As a conservative investor, ARF Ireland created an ARF investment portfolio for me that gives the potential for reasonable growth during periods of financial market highs but also protects me from periods of market turmoil…they have also always fulfilled their initial promise to me to review my ARF with me on a regular basis."
- CONOR, RETIRED GP