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PRSA Fees

Standard PRSAs are Government approved retirement savings plans.

The most any provider can levy for this type of plan is a 5% charge on contributions as they're paid and a 1% annual management charge of the fund. However, at RaboDirect we charge less on contributions so you can save more: 

 For regular contributions

If you're monthly contributions are:Your upfront costs will be:You could save up to:Annual management fee:
€10 - €4993.5%1.5%1%
€500 - €9992.75%2.25%1%
€1000 plus2.0%3.0%1%

For one-off contributions

Making a one-off contribution of:Your upfront costs will be:You could save up to:Annual management fee:
Less than €15,0003.5%1.5%1%
At least €15,000, but less than €30,0002.75%2.25%1%
At least €30,0002.0%3.0%1%

There are no charges:

  • For initial transfers received into your PRSA

  • If you terminate your PRSA or transfer your funds out, or

  • Suspend or vary your contributions 

For Personal Pension Plans there are no restrictions on the types or levels of charges for plans. These will vary between providers.