How flexible can I be with contributions to my personal pension or PRSA?

Most pension plans are flexible and will allow you to suspend payments if you need to, without incurring a penalty. Examples of this might be if you wish to:

• Take a year out
• Have a career break

Check the details of your own pension with a financial adviser. In addition, remember to review any additional benefits you have on your pension (such as life assurance) as these will continue to be charged to the fund.