Benefits Of Gross Roll-Up Savings Plans

Starting a savings plan with a gross roll-up feature offers several compelling financial, economic, and behavioural benefits for both individuals and the broader economy.

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Below is a breakdown of the key benefits:

Encourages Long-Term Saving and Investment

Tax deferral incentivizes saving by allowing capital to grow without annual tax erosion.

Compound growth is enhanced significantly when returns are not taxed annually.

Particularly effective for retirement planning, education funds, or long-term housing goals.

Supports Financial Planning and Security

Helps individuals accumulate wealth more effectively for major life events (e.g. retirement, home purchase, children’s education).

Promotes self-reliance and reduces future dependency on state benefits or pensions.

Enhances Economic Stability

A culture of long-term saving can stabilize household finances, reducing reliance on debt and improving resilience to economic shocks.

Accumulated domestic savings also provide capital for national investment (e.g. infrastructure, housing, green finance).

Tax Efficiency and Simplicity

Gross roll-up systems can simplify taxation for savers, since tax is only calculated at exit.

Reduces administrative burden of annual tax filings on investment income.

Attracts Investment into Regulated Savings Products

Encourages people to move savings from low-interest bank accounts to more productive, regulated long-term investment products.

Could stimulate Irish financial markets and drive innovation in personal finance offerings.

Policy Flexibility

The government can tailor exit tax rates, holding periods, or caps to target specific demographics or goals (e.g. young savers, green investment, SME funding).

Allows for progressive tax structures on withdrawals, supporting equity.

Promotes Intergenerational Wealth Building

Gross roll-up plans make it easier for parents to build assets for their children.

Can support inheritance planning or family wealth transfer without punitive taxation along the way.

Contact us today and book your consultation and see how Quigley Financial Brokers can help you choose the best options available.