An Approved Retirement Fund (ARF) is a pension investment arrangement that can allow you to keep retirement savings invested after taking benefits, while drawing income when needed. It is generally associated with certain defined contribution pensions, but eligibility and available options depend on the pension type and current rules. Withdrawals are normally taxable, and Revenue rules may require a minimum amount to be treated as withdrawn each year, depending on your circumstances. Before choosing an ARF, check the current guidance with Revenue, your pension provider or a regulated financial adviser.