Written answers

Tuesday, 15 November 2005

Department of Finance

Special Savings Incentive Scheme

9:00 pm

Photo of Arthur MorganArthur Morgan (Louth, Sinn Fein)
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Question 294: To ask the Minister for Finance the percentage of savings in SSIAs which have been made by the bottom 20% of households and by the top 20% of households. [34445/05]

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)
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I am advised by the Revenue Commissioners that the information requested by the Deputy is not available as SSIA statistics are maintained on an individual account holder basis rather than by household. However, based on an analysis previously published by the Revenue Commissioners, the percentage breakdown of SSIA account holders by income categories is outlined in the following table.

Percentage of SSIA account holders by income category — 2004.
Less than €20,000 Greater than €20,000 & less than €50,000 Greater than €50,000
28% 49% 23%

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