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  • Arf/amrf Application Form - Aviva.ie

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ARF/AMRF Application Form to Aviva Life & Pensions Ireland DAC (Aviva) This is a legal document and together with the policy conditions (which are available on request) and policy schedule forms.

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With an Annuity, when you reach retirement you receive a regular income for the rest of your life, whereas an ARF allows you to remain in the investment market.

The “life office” or scheme administrator should pay any retirement lump sum to the individual and/or purchase an annuity for the individual prior to transferring the balance of the fund to an ARF. The funds in the ARF remain the property of the individual who is the beneficial owner and may be withdrawn at any time.

An AMRF was a post-retirement investment fund with limited access, for individuals under age 75 who did not meet the specified income limit set by Revenue and wished to avail of the 'ARF option', i.e., to transfer their residual retirement funds, after taking a tax efficient lump sum, to an ARF where they would remain ...

There is a charge of €3.81 for each regular income payment. Regular income cannot be taken from an AMRF. Withdrawals from an AMRF will be limited to the amount (if any) by which the original sum invested has grown in value. The minimum partial encashment is €600.

If your plan is an AMRF, you may only make one withdrawal each year. If you select less than 4% of the value of your funds, you cannot withdraw the balance at a later stage that year. You will have to pay tax on any withdrawal. If you make a one-off withdrawal, you may be subject to an early withdrawal penalty.

An ARF is a post-retirement investment fund typically used by defined contribution scheme members and personal retirement savings account holders at retirement to invest any retirement funds remaining after taking tax-free cash, as an alternative to purchasing an annuity.

With an AMRF you can only draw investment growth before age 75. Therefore the ability of an AMRF to provide a regular income in retirement can be severely restricted if investment returns prove to be poor. An AMRF may be unsuitable for an individual who may need to take a regular drawdown from the fund before age 75.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232