As a pharmacist, your ability to earn underpins everything from mortgage payments and business expenses to your future lifestyle in retirement. Yet, few pharmacists in Ireland receive employer-funded pensions, leaving many vulnerable to financial uncertainty later in life.

A well-structured pension plan ensures your years of dedication translate into lasting independence, not just for yourself, but for your family and business too.

Why Planning Ahead Matters

Between long hours, staff management, and regulatory obligations, pharmacists often delay financial planning. But every year you postpone means missing out on valuable tax relief and compounded investment growth.

A clear pension strategy helps you:

• Reduce your tax bill while building retirement wealth.
• Maintain your lifestyle when you stop working.
• Protect your family’s long-term financial stability.

‍Balancing Business and Retirement Goals

Principal pharmacists carry significant responsibility and often stress, since a pharmacy cannot open without a licensed pharmacist on-site. Whether you’re self-employed or managing a chain, Omega Financial structures pension solutions around your career model:

Company PRSAs or Executive Pension Plans for owners and directors.

• Company PRSAs or Executive Pension Plans for owners and directors.
• Personal PRSAs for employed pharmacists.
• ‍AVC top-ups for those seeking to accelerate their savings in later years.

Illness or injury can interrupt your ability to work — and therefore your ability to save. Through our partnership with the Irish Pharmacy Union (IPU), all members are entitled to an exclusive 17.5% discount on income protection policies. This ensures pension contributions continue even if health issues prevent you from practising, keeping your retirement plans on course.

Omega’s Expertise

At Omega Financial, we’ve helped pharmacists nationwide balance demanding careers with financial confidence. We integrate pension and protection planning into one cohesive strategy, ensuring peace of mind today and security tomorrow.

• Coordinate income protection and pension contributions seamlessly.
• Maximise your tax relief within Revenue contribution limits.
• Build an adaptable retirement strategy that evolves with your career.

You’ve spent your career helping others — now it’s time to protect your own wellbeing. Let Omega Financial help you design a retirement plan that matches your dedication.

Schedule a free consultation

Call us on +353 1 293 8554

Email us - info@omegafinancial.ie

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OFM Financial Ltd T/A Omega Financial Management, regulated by the Central Bank of Ireland.

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