MSV Single Premium
If you have a lump sum of money, which you have saved over the years or perhaps inherited and are looking for a potentially better alternative to banks’ saving and term deposit accounts, look no further. Under current legislation and tax practice, the MSV Single Premium Plan is an ideal tax-efficient, medium to long-term savings plan for those wishing to invest a lump sum of money with relatively steady but conservative growth.
|The MSV Single Premium Plan at a glance
|Type of Plan||With-Profits Single Premium plan|
|Minimum Term||5 years|
|Additional Top-Ups||Minimum €500 No top-ups allowed within the last year of the plan|
|Free Partial Withdrawals of Capital||Minimum €500 after the 3rd year subject to minimum of €5,000 retained in the Plan|
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