With the recent announcement that RTÉ is implementing a voluntary redundancy scheme affecting up to 400 employees, many professionals may be facing financial uncertainty. Whether you are directly impacted by the RTÉ job cuts or are considering redundancy from another company, understanding your financial options is critical. At Q Financial, we specialize in helping individuals manage redundancy payments, unlock pensions, and secure their financial future.

What Does Redundancy Mean for Your Finances?

If you’ve been offered a redundancy package, it’s essential to know your rights and financial entitlements. Redundancy payments in Ireland can be tax-free up to a certain limit, but exceeding this can lead to unexpected tax liabilities. We help you maximize your redundancy payout and guide you on how to structure it for long-term financial security.

How Can You Make the Most of Your Redundancy Payment?

What Are the Tax-Free Allowances on Redundancy Payments?

  • Understand how much of your redundancy package is tax-free.
  • Learn how to structure your payout to minimize tax liability.
  • Avoid common financial pitfalls when managing your redundancy lump sum.

Can You Access Your Pension Early Due to Redundancy?

Should You Transfer or Retain Your Pension?

  • Find out if you qualify for early pension access.
  • Learn the pros and cons of transferring your pension.
  • Understand how redundancy impacts your long-term retirement plans.

What Should You Do With Your Redundancy Payout?

How Can You Invest Your Redundancy Payment?

  • Strategies to reinvest your redundancy payout wisely.
  • Financial planning for long-term stability.
  • Wealth-building strategies tailored to your goals.

How Can You Plan for Your Next Career Move?

What Are Your Financial Options If You’re Upskilling or Changing Careers?

  • Budgeting tips for life after redundancy.
  • Guidance on using your redundancy pay-out to fund new opportunities.
  • Financial planning if you’re starting a business.

Why Choose Q Financial?

At Q Financial, we understand that job loss, whether voluntary or unexpected, is a significant life event. Our expert team provides tailored financial solutions to ensure you make informed decisions about your redundancy package, pension, and future financial security. We’ve worked with professionals across various industries, including media, finance, and tech, to help them transition confidently to the next stage of their careers.

Need Expert Financial Advice on Redundancy?

If you are affected by the RTÉ redundancy plan or any other job loss in Ireland, don’t navigate this transition alone. Our team at Q Financial is here to provide expert financial advice, ensuring you make the most of your redundancy payment and pension entitlements.

📞 Call us today  091 421 900 or visit www.Qfinancial.ie to schedule a consultation.

Your financial future starts here – let us help you take control.