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Written Answers — Department of Finance: Pensions Reform (28 Jul 2020): Jennifer Carroll MacNeill: 243. To ask the Minister for Finance if he will consider introducing a provision to exempt persons with small pension funds from the 4% drawdown requirement currently applicable to PRSA funds; and if he will make a statement on the matter. [18729/20]
Written Answers — Department of Finance: Pensions Reform (28 Jul 2020): Paschal Donohoe: Personal Retirement Savings Accounts (PRSAs) are low cost, easy-to-access, private pension savings vehicles designed to allow individuals save for retirement flexibly and transfer their pension funds between jobs. They are available to anyone regardless of employment status. The relevant legislation setting out the treatment of PRSAs is contained in Chapter 2A of Part 30 of the Taxes...

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