Synergy Personal Retirement Savings Account (PRSA)

If you're looking for a long term saving option, then a Synergy Personal Retirement Savings Account or PRSA could be for you.

A PRSA is flexible; you can increase, decrease or stop your contributions at any time without any charge or penalty. Both you and your employer, if applicable can, gain tax relief on contributions to it. When you take out a PRSA you choose where your money is invested.

Men talking in the garden , prsa

Your future lifestyle depends on the financial decisions you make today

Find out how much you will need to support the lifestyle you want in retirement.


What is a PRSA?

A PRSA is a flexible pension policy. It is a Revenue approved contract set up with a PRSA provider by an individual to save for retirement and tax relief is available on contributions (within certain limits).

Who can take out a PRSA?

Anyone can take out a PRSA regardless of your employment status, whether you are employed or self - employed.

Why choose a Synergy PRSA?

The Synergy PRSA is a flexible way to save for your retirement. As you move through your working life your PRSA moves with you so that you can keep track of your investment.

Benefits of a Synergy PRSA include:

  • The option to make single, monthly or yearly contributions (€300 or more in each year)
  • The option to stop, restart and change your contributions at any time
  • Tax relief on your contributions
  • A wide choice of investment options

Your investment options

Paying into a pension is a long-term commitment so it's important to have a number of options

You can invest in:

Each investment option carries different levels of risk, so we recommend that you talk to your Financial Adviser


How to get started?

Investing for the long term is a big decision, so we recommend  you talk to a Financial Adviser.

Should you choose not to, you can contact us directly on (01) 639 7070.

We can assist you by:

  • giving you factual information
  • provide illustrations and send you an information pack
  • answer technical questions
  • carry out your instructions. 

But we can't give any advice or recommendations when it comes to making an investment.


Warning: The value of your investment may go down as well as up

Warning: If you invest in this product you will not have access to your money until you retire

Warning: If you invest in this product you may lose some or all of the money you invest

Warning: This investment may be affected by changes in currency exchange rates