How do retirement lump sum rules work in Ireland and how much can I take taxfree?

22 Sept 2026, 17:58
Q A Reader Asker

How do retirement lump sum rules work in Ireland and how much can I take taxfree?

A Moaju Team Answered by

In Ireland, the amount you can take as a retirement lump sum depends on the type of pension, your scheme rules and any lump sums taken previously. Tax treatment is subject to Revenue limits and conditions, which can change; amounts above the relevant tax-free allowance may be taxed. Occupational pensions, personal pensions and PRSAs can have different procedures, and taking a larger lump sum may reduce the income available later. Check your scheme documents and current guidance on revenue.ie, or speak to your pension provider or a regulated adviser about your circumstances.

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