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ING Pension Plan
Prepare your future at your ease without leaving yourself short today, this is what ING Luxembourg proposes.
How can I prepare for my pension?
Are you afraid of losing your spending power when you take your retirement? You would therefore like to put money aside and grow your savings without having to make cutbacks or worrying about managing this capital.
In collaboration with our insurance partner, ING Luxembourg offers you a product that allows you to:
- Build up a supplementary personal pension;
- Deduct the amounts allocated to these supplementary pension savings for tax purposes as of today, under the conditions provided for by law
A life insurance policy
It meets all the criteria laid down by law for its premiums to be tax deductible while enabling you to build up savings using two sub-funds.
- Sub-fund with guaranteed yield;
- Sub-fund with investment funds.
These types have been especially created in order to profit from the tax advantages as laid down in article 111 bis du Code Fiscal L.I.R. and make it possible for you to benefit to the furthest extent from the annual ceilings on deduction of maximum €3,200/year.
Other statutory criteria
- Due to a major illness or disability: no loss of tax breaks;
- For reasons other than a major illness or disability: the full sum repaid early is taxed at the full rate.
- as a monthly, lifelong annuity;
- In total or partial capital of a minimum of 10 000 €;
- in annual withdrawal
- in a combined manner.
- the lump and the annual withdrawal are sum taxed at 50% of the overall tax rate in force;
- annuities are tax exempt up to a limit of 50%, with the balance taxed at the standard rate.
Two investment vehicles in the same product
Fiscal deduction and investment of your capital should not be considered as equal. Therefore we are giving you an increased flexibility to structure your investment throughout two investment mediums.
- Guaranteed yield sub-fund
If you prefer the certainty of a guaranteed rate of return, then guaranteed investment vehicle is what you need. This is a life insurance policy with a guaranteed return complemented by possible dividends.
- Investment funds sub-fund
If you wish to optimize the return on your investment over the long term, while accepting the risk of stock market fluctuations, investing in funds will suit you better. After filling in the investor questionnaire of the partner insurance company and seeing which fund would be the most suitable for you, you can establish your own investment strategy by choosing from a selection of our SICAVs, all of which are capitalisation funds and denominated in EUR.
To find out what your capital will be on maturity, do not hesitate to ask for a simulation from one of our advisers with no strings attached.
Documentation
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