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Personal Pension Plan

MSV Personal Pension Plan (WP)

Start saving for your retirement in a Personal Pension Plan which offers you secure growth and a tax rebate equal to 15% of the amount you save each year.

  • Start saving for your retirement from just €40 a month.
  • You can apply for a tax rebate equal to 15% of the amount you save each year, up to a maximum permitted by legislation.
  • Supplement your state pension when you retire to maintain your lifestyle when you stop working.
  • If your circumstances change, you can change the amount you save, or take a break from saving altogether.

Under current legislation, you can start taking your personal pension between ages 50 and 75, at which time you can choose to receive up to 30% of the fund as a tax free lump sum, with the balance used to provide you with a regular income.

  • To build up a sum of money which will be used to provide a tax-free cash sum when you retire and a regular income for the rest of your life, in order to supplement the state pension.
  • To help your retirement planning cope with changes in your personal and financial circumstances.
  • To invest in the MAPFRE MSV Life With Profits Fund.
  • To provide a cash sum to your wife, husband or dependant(s) should you die before retirement.
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