PRSA : Personal Retirement Savings Account

PRSA/AVC PRSA

A PRSA is a Personal Retirement Savings Account. In contrast to a personal pension plan, your employer can contribute to your PRSA. If you switch jobs your PRSA account moves with you. If you partake in a pension scheme, then you may be in a position to increase the sum you receive on retirement by making AVCs through a PRSA.