Dáil Éireann Debate, Tuesday - 28 June 2005
318 Mr. Kenny asked the Minister for Finance the total number of active SSIA accounts; the number of these active accounts held by women; the breakdown of the accounts held by women under the monthly subscription level; the average age of subscribers to the special savings scheme; the percentage of SSIAs held by each age group in 2004 and income levels for SSIA holders. [22638/05]
Amharc ar fhreagraI am informed by the Revenue Commissioners that, based on the 2004 SSIA annual returns furnished by all qualifying savings managers, the total number of active accounts at 31 December 2004 was 1,094,294. The overall breakdown by subscription level is as follows:
|
Monthly subscription level |
At 31/12/2004 |
|
% |
|
|
€12.50 or less |
5 |
|
€12.51 —€59.99 |
14 |
|
€60 —€149.99 |
23 |
|
€150 —€249.99 |
14 |
|
€250 —€254 (max) |
44 |
The number of active accounts held by women and the breakdown by subscription levels for women subscribers is not available.
The average age of subscribers in 2004 is 42 and the breakdown of accounts by age group is as follows:
|
Age Range (Years) |
% of SSIA accounts |
|
% |
|
|
18-29 |
17.9 |
|
30-39 |
24.9 |
|
40-49 |
22.9 |
|
50-59 |
18.1 |
|
60-69 |
10.7 |
|
70-79 |
4.4 |
|
80-89 |
0.9 |
|
90 and over |
0.2 |
The income levels for SSIA holders who could be matched with the Revenue income distribution tables are as follows:
|
Income Category |
Income Range (based on income levels for tax year 2002) |
% of account holders at end 2004 |
|
€ |
% |
|
|
Low |
< €20,000 |
27.7 |
|
Medium |
€20,000-€50,000 |
49.1 |
|
High |
> €50,000 |
23.2 |
