True Wealth , Portlaoise, County Laois R32 K7TX

Welcome to True Wealth, a specialist wealth management and financial services institution located in County Laois, Portlaoise. At True Wealth, we are dedicated to helping our clients achieve their financial goals and provide personalized solutions to meet their needs.

When you choose True Wealth, our experienced Financial Planning Team will take the time to discuss your financial goals and assess your current financial situation. Using our state-of-the-art planning software, you will be able to visualize your current financial situation up to age 100, including our proposed strategy to help you achieve your goals.

Once we have identified your financial goals, we will execute a personalized financial plan for you, whether it's for your personal finances or your business. Our aim is to ensure that you are on track to meet your goals within the agreed timeframe.

At True Wealth, we understand the importance of staying connected and informed about your investments. That's why we offer the option to check in with one of our Financial Planning Team members at any time or monitor your investments directly online.

When it comes to pension plans, we work with well-known protection companies in Ireland such as Zurich and Aviva. Think of pension plans as savings plans with added tax benefits. Depending on your annual income, you can receive either a 40% or 20% tax rebate on your contributions. Additionally, any growth on your pension fund is tax-free.

While you have the option to leave your pension where it is, moving it to a standalone pension in your own name, known as a buy-out bond, offers greater flexibility. This also allows you to potentially drawdown your pension early.

Determining the right contribution amount for your pension depends on various factors, such as your retirement plans, existing pension arrangements, and your age. It's important to consider the tax rebates available to you, either 20% or 40%, when making your contributions.

Choosing the most suitable pension option for you can be complex, which is why our Financial Planning Team is here to guide you. Whether you're a company director, an employee, or looking to top up your pension, we can help you find the best solution tailored to your needs.

Understanding your risk profile is crucial when it comes to investing. Your risk rating should be adjusted throughout your life, typically decreasing as you get older. At True Wealth, we prioritize helping you understand your risk profile and make informed investment decisions.

In addition to our comprehensive wealth management services, we highly recommend the Zurich Life Child Saver plan. This plan allows you to put funds in trust for your children, benefiting from "gift tax" advantages, and potentially earning higher returns compared to traditional banking options.

When it comes to investing, the insurance companies we work with generally offer better returns than banks for investments lasting more than 3 years. However, if your investment timeframe is less than 3 years, sticking with a bank may be more suitable. Our Financial Planning Team can help you navigate the various investment options available and find the best fit for your financial circumstances.

At True Wealth, we are committed to providing exceptional wealth management and financial services to help you achieve your financial goals. Contact us today for a free discovery call to find out how we can assist you on your financial journey.