The Wealth ModelerIreland — pension bump vs take-home (simplified relief)
Ireland — pension bump vs take-home (simplified relief)

Pension vs take-home

These are example numbers — change them. Not advice.

If you put more into your pension, how much does take-home drop after tax relief, and how much more goes into the pot? Numbers update as you type.

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Your usual income-tax rate for relief

Uses a simple 20% or 40% relief toggle — not a full Irish PAYE/USC/PRSI calc. Age and contribution caps ignored. Not advice.

Result

Take-home drops by €72 / month after relief

Net cost to you

€72

Extra into pot

€120

Annualised

€864 / year

€72 × 12

Also see lifespan on longevitymodeler.com