A PRSA is a Personal Retirement Savings Account. It is a low cost, easy access personal retirement account, which is designed to make saving for your retirement as easy and flexible as possible.
- You make the contributions that you can afford. You can change, stop and restart these contributions as you choose.
- Your contributions are invested in the fund or investment funds of your choice.
- Your PRSA savings will grow tax free until you retire.
- When you retire, your savings are used to provide for your retirement.
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