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    redundancy calculator ireland

    Take two minutes to see how much your monthly income might be in retirement

    Redundancy Calculator Ireland

    Navigating redundancies can be complex. Understanding your financial entitlements shouldn’t be. Our Redundancy Calculator simplifies the process. It helps you forecast your redundancy payments based on your current salary, years of service, statutory entitlements, and more.

    How to Use the Redundancy Calculator

    To get the most accurate estimate, please follow provide us with the following information:

    1. Enter Your Current Age: This helps us calculate your investment horizon.
    2. Input Your Annual Income: This determines the feasibility of your expected contributions.
    3. Current Years Of Service: Confirm years of service with your employer.
    4. Confirm Employee Status: Confirm if you are part time, or a full time employee.
    5. Desired Goal: Confirm what your goal is with the redundancy request and where you are in the redundancy process.

    How to Use the Redundancy Calculator

    Understanding Your Results:

    Our calculator provides two key outputs to help plan your redundancy:

    • Custom Redundancy Advice: Our experienced independent financial advisors will provide you with the best advice.
    • Total Redundancy Payment: The total amount you can expect to receive based on your salary and years of service.
    • Estimated Monthly Budget: How much you can allocate each month to maintain financial stability while seeking new employment.

    Factors Impacting Your Redundancy Payment:

    Several factors can influence your redundancy payout, especially in Ireland:

    • Taxation: Understand how your redundancy payment is taxed and any reliefs available.
    • Length of Service: How your years of service affect the redundancy amount.
    • Government Policies: Updates on statutory redundancy and legal changes affecting redundancy payments.
    redundancy calculator ireland

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    Why work with Q Pensions

    Free Redundancy Advice

    Get independent advice on your redundancy entitlements and options. Experienced financial consultants are on hand now to evaluate employers’ redundancy offers. We will examine your entitlements as well as the impact of any payment on your taxation or pension status.

    Independent Redundancy Advice

    We investigate your current redundancy situation and identify the best course of action for your to take.

    Experienced Consultants

    Our Advisors have vast experience of group schemes, personal pensions, redundancy schemes and self-administered schemes. They will find the most tax-efficient and cost effective plan for you.

    Specialists

    Some sources of advice are very generic. Our dedicated and highly experienced team of Qualified Redundancy Consultants bring a huge knowledge of redundancy advice to you the employee, or redundancy advice you the employer.

    Q Financial Advisors

    Talk to a Q Financial Advisor today

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    Left to right: Iain Kilbane, Declan Hardiman, Lorraine Connolly, John Morrin, Claire Mannion, Michael O’Connor, Donal Kennedy

    Complete the minimum data request box on the right, and an experienced and Qualified Financial Advisor will be in touch with you within 24 hours.

    “The team at Q Financial Advisors were knowledgeable, understanding and very responsive to our needs. We saved money and got a much better direction on our future finances.” – A McG & M.J.C (Galway)