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Did you know that you can increase your future pension by adding personal contributions to your supplementary pension scheme? Up to €1,200 per year is deductible from your gross salary, with an immediate impact on your tax. A flexible and attractive solution, even if you change your employer!
#LALUXShorts Personal contributions
The essentials in a few seconds
Your employeur has set up a supplementary pension scheme? Great! This can provide you with additional income for retirement and a lump sum in the event of death or disability.
But you can go even further! You have the possibility to add personal contributions, up to 1.200 € per year, i.e. 100 € per month. And the best part? The contributions are deducted directly from your gross salary, which reduces your taxable income every month!
For example, with a 25% tax rate, a contribution of 100€ only costs you 75€ per month. And you are free to choose how much you want to contribute each month, with the possibility to adjust this amount every year.
And if you change employers? No worries! The accumulated savings are fully yours and several solutions exist to keep them.
Another advantage: once retired, the savings are paid to you as a lump sum, with no income tax in Luxembourg.
So, why not take advantage of it? Ask your employeur for more information and boost your retirement savings today!