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RDA Wealth as a separate entity offers a range of financial planning services. Our approach is to save clients money by looking closely at what they have in force versus what is needed by the client whether in life assurance, pensions, income protection savings or investments. In tandem we set projections for the client to reach target retirement goals keeping efficient tax planning uppermost in order to achieve the best results for our clients
Take the time to contact us at RDA and arrange to come and meet us for a financial health check and see how we can make sure you have the basics covered and also give you the power to succeed in areas you may never have considered.
RETIREMENT PLANNING
RDA Wealth Ltd. trading as RDA Accountants is Regulated by the Central Bank of Ireland.
As a multi agency intermediary we have a number of provider we hold agencies with.
Everyone needs to maintain a level of income in retirement. As the State contributory pension loses value, government is now advocating the need for individuals to secure private pensions.
Pension contribution is the most secure way to save money in a non-taxable environment.
Remember
- Tax Relief is available on contributions to a pension fund within revenue limits
- There is tax free investment growth and
- A tax free lump sum is available at retirement.
A person’s retirement has to be planned for.
We encourage you to take the time to do this and weigh up all of the factors that affect pension decisions. The sooner you get a clearer picture of your current situation the easier it is to make long term plans that give them a chance to succeed.
PROTECTION PLANNING
Protecting you, your family and your business is vital to long term financial planning. Many people are unsure of what cover they have in place and few realize the different types of cover, level of cover and most cost effective cover that can be applied for different reasons.
RDA's aim is to research your current situation and policies to make sure they are cost effective and re write cover if need be to ensure level of cover is sufficient and cost effective for you, your family and your business.
Company entities have a strong need for Business protection, key person or shareholder. Individuals have a need to make sure mortgages are covered and an amount in place to cover loss of income.
There is a lot of jargon surrounding policies – our aim is to educate the client in the different types to make sure the most suitable and cost effective is in place.
Income Protection
We insure our homes, out car but no one makes us insure one of our biggest assets our income. This type of policy can insure up to 75% of your income if you should become unable to work for any reasons. There is a tax write off on the premium of this policy. We believe it a very valuable policy as if underwritten at a young age at a guaranteed rate it is very cost effective.
RDA researches providers in the market to get the best on offer to match the profile of our clients we particularly note claims history and handling.
INVESTMENT & SAVING PLANNING
Every client has to be looked at specifically to make sure that the investment they make suite their personal circumstances.
RDA look at numerous factors
- Research current investments held.
- Discuss with client goals, term, liquidity need, security, risk.
- Do a risk analysis to identify actual risk profile as opposed to what is perceived.
- Type of return.
- Future Funding needs.
- Tax Implications of the investment – during the tem and on exit.
As a group we have Accountants, Financial Advisers and Tax Advisers to look at all areas for you and your business. We provide Business Exit Planning strategy and Inheritance Tax Planning to make sure you are covered on ALL needs.
RDA Wealth ltd trading as RDA Accountants is regulated by the Central Bank Of Ireland
Warning: Past performance is not a reliable guide to future performance.
Warning: The value of your investment may go down as well as up.
Warning: Funds may be affected by changes in currency exchange rates
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