FULLFORMDEFINITION
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PRSA meaning in General ? |
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Answer» What is Personal Retirement Savings Account mean? A Personal Retirement Savings Account (PRSA) is a type of savings account introduced to the Irish market in 2003. In an attempt to increase pension coverage, the Pensions Board introduced a retirement savings account, that would entice the lower paid and self-employed to start making some pension provision. The intention was for PRSAs to supplement any State Retirement Benefits that would be payable in years to come. reference |
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