Where an individual does not have the basic pensionable income required for an ARF, they can invest in an AMRF.
AMRF’s are similar to ARF’s however you cannot withdraw any of the original investment value until you are 75 years old. At present the minimum lump sum to be invested and maintained in an AMRF until that age is €119,800.
Although you cannot withdraw the original investment value, you may still access and withdraw any increases in fund value.
Also if you have set-up an AMRF you may then be eligible to invest in an ARF.
Call now to make an appointment – 01 294 4927
Kintyre Financial is familiar with all the primary providers of ARFs and AMRFs in the Irish marketplace and we can advise you on the best option, given your financial circumstances – income, assets, commitments, risk profile and priorities.