Approved Retirement FundsThe Retirement Fund that gives you complete flexibility
Post Retirement Investment Fund which gives you complete flexibility on how, when and how much you wish to withdraw from your retirement fund. ARFs allow you to place any or all of your fund into a deposit account, share portfolio, individual property or managed fund or a combination of above.
The AMRF Approved Minimum Retirement Fund is similar to an ARF in operation except in relation to drawing down benefits. Revenue have imposed rules which have subsequently been amended and then changed again in relation to the set up and use of an AMRF. The main restrictions on an AMRF are:
Funds in an AMRF must be invested until age 75 and can be drawn down at a maximum amount of 4% per annum for AMRFs with amounts up to €63,500.