Live out your retirement dreams by making preparations today. Set up a supplementary pension or retirement capital, while taking advantage of tax benefits.
OptiPension+ is both a personalised savings scheme and pension insurance:
When you take out a policy, you can choose:
Your premiums can be paid on an annual, half-yearly, quarterly or monthly basis.
You must hold the policy for at least 10 years. Once you turn 60, you can choose to have your savings paid out as a lump sum. If you accessare a Luxembourg tax resident or equivalent, you’ll benefit from favourable policy termination conditions, and your capital will only be taxed at half the overall income tax rate in force on the day you terminate the policy.
You may also decide to receive all or part of the amount as a monthly annuity, tax-free up to 50%.
You can deduct up to EUR 3,200 from your tax base per taxpayer per year, no matter what your age.
To be tax-deductible, the policy must be taken out for at least 10 years and must not mature before you reach the age of 60.
In the event of death, the savings accrue to your designated beneficiary.
Andrea has always wanted to travel the world. He puts regular savings aside through his pension insurance, so that when he reaches retirement age, he can buy a boat to take his grandchildren on a trip. He has built his policy so that he can invest in diversified funds that will maximise his return, knowing that his family will receive the capital saved in the event of his death.
Frequently asked questions about OptiPension+
As a Luxembourg tax resident or an “equivalent” resident for tax purposes, you can reduce your annual tax base in Luxembourg by €3,200, regardless of your age.
A life annuity is a cash sum that is regularly paid to a beneficiary until their death. The amount of the annuity will depend on how much they have saved and their life expectancy.
While you are still alive, you will be the automatic beneficiary of the capital saved. You can designate anyone you like to be the beneficiary of the capital in the event that you die before the policy matures.
It’s likely that your government pension won’t enable you to maintain the same quality of life. By gradually putting savings into pension insurance as soon as you start working, you’ll save without thinking about it. You’ll also receive tax benefits and build up a comfortable capital, allowing you to maintain your standard of living during retirement!
This product from Cardif Lux Vie is distributed by BGL BNP Paribas, Cardif Lux Vie’s insurance agency, entered in the register of insurance intermediaries under number 1996AC001.
Tax deductibility varies based on the personal situation of each client and is subject to change.
Investments in C-Life funds are subject to market fluctuations and to the risks inherent in securities investments. The fund fact sheets are available in your local branch.
You can contact our Client Service between 8.00 am and 6.00 pm, Monday to Friday, on (+352) 42 42-2000.
