NN Strategy Tax-Beneficial Pension Saving (Star Fund)

NN Strategy Fiscaal Pensioensparen

With NN Strategy Tax-Beneficial Pension Saving, you can save up for a nice supplement to your statutory pension while enjoying an annual tax advantage2 of 30%. On top of that, you can aim for typically higher rewards through Branche 23 / Tak 231 investment in the NN Star Fund.

Is NN Strategy Tax-Beneficial Pension Saving right for you?

  • Are you aged between 18 and 64, and do you want to save for a supplementary pension as a private individual?
  • Do you pay personal income tax in Belgium and are you interested in a tax advantage of 30%?
  • Are you looking for prospects with typically higher rewards in the long term?

Then this is the solution for you. What's more, Tax-Beneficial Pension Saving can be combined with Tax-Beneficial Long-Term Saving and various other pension solutions for the self-employed.

The benefits and risks of NN Strategy Tax-Beneficial Pension Saving

You save up for a supplementary pension while benefiting from a tax advantage

NN Strategy is an individual Branche 23 / Tak 231 life insurance contract designed to build up a supplementary pension. You also benefit from an annual tax advantage2 of 30%.

What's more, there are no taxes payable on your premiums. Check the maximum amounts you can save tax-free here.

A Branche 23 / Tak 23 investment-linked insurance policy for typically higher rewards

Your premiums are invested in our high-quality NN Star Fund. This offers you the prospect of typically higher rewards over the long term.

Is it risky to save for your pension under Branche 23 / Tak 23?

Branche 23 / Tak 231 pension savings insurance offers no guaranteed return or capital.
Your returns are determined by the performance of the investment fund within your contract, and the returns on that fund depend on fluctuations on the stock market.

If you want or are able to invest in investment funds for a short period then this will involve a financial risk, depending on the performance of the stock market. By regularly (periodically) saving money to your pension plan, you can spread your investments over time.

Talk to your broker to find out your investor profile. This is essential for you to make sensible investments.


You don't need to make deposits every year, or to save the same amount every time. You can opt to make monthly, quarterly, six-monthly or annual deposits.

54: an age to remember!

If you take out your contract before the age of 55, you will pay a one-off flat-rate withholding tax of 8% when you turn 60. That means you won't need to pay any other taxes on your premiums for the following 5 years, while continuing to benefit from a tax advantage.

Are you aged 54 and still haven't taken out a pension savings insurance policy? If so, now is the time to talk to your financial adviser!

Protection for you and your family with these extra optional forms of cover

Good financial planning also means arranging effective protection for yourself and your family. Here are a few examples of the optional risk guarantees that you can take out within your NN Strategy contract:

Optional coverage in the event of death:

  • a minimum death lump sum (fixed amount or diminishing over time)
  • an additional fixed amount on top of the payment from your savings reserve
  • an additional fixed amount for your loved ones should you die in an accident

Optional coverage in the event of disability:

  • payment of your premium by NN
  • a disability pension (replacement income) to protect your standard of living for both you and your family

Read more about the details of the protective guarantees within NN Strategy here.

Talk to your broker to find out what formula would be most appropriate for you and your situation.

Premiums and taxes



Minimum: 40 euros per month
Maximum: set out in law; see here for the current maximum amounts for tax purposes

Availability of your savings

In principle, your savings remain available to you – but we recommend that you avoid withdrawing your money early, as the tax authorities apply high levies that will cost you a lot of money.


- you benefit from a tax advantage of up to 30% on your premiums (depending on the total amount of premiums you transferred during the tax year), provided that you meet the conditions set down in law. The tax regime applied to your contract depends on your tax situation. This can change over time.
- you do not pay any tax on premiums
- a one-off flat-rate withholding tax of 8% on the value of the contract, excluding any profit participation; payable either on your 60th birthday (if you sign the contract before the age of 55) or 10 years after the start of the contract. No further taxes will be applied after this levy


Entry fees: maximum 4.5%

You can find all the details on the financial information sheet

Annual management fees

You can find all the details on the financial information sheet

Exit fees

You can find all the details on the financial information sheet

Term of the contract

The term runs for at least 10 years, and is defined when the contract is taken out.


Before you sign your insurance policy, it is essential to look at the following information.

Any further questions? Your broker will be happy to advise you.

Goed geïnformeerd

Voor je deze verzekering onderschrijft, is het noodzakelijk om bovenstaande informatie door te nemen.

Heb je nog vragen? Je makelaar geeft je graag advies.

Bien informé

Avant de contracter cette assurance, il est nécessaire de prendre connaissance des informations ci-dessus.

Vous avez encore des questions ? Votre courtier se fera un plaisir de vous conseiller.

Exclusions and restrictions

You can find a full explanation of our segmentation policy here

For this product, the Branch 23 part is not suitable for US Persons. NN Belgium nv/SA does not act under the supervision of the American regulator SEC with regard to the Branch 23 part. Click here for more info.

Saving for your pension as a self-employed professional

The Individual Pension Agreement (IPT) provides a tax-beneficial supplementary pension

Saving a little extra for later in life?

Self-determined saving with high-quality Branche 23 / Tak 23 funds

Protection for your family

Death cover: effective protection, and less expensive than you might think


  1. The management regulations of the NN Strategy Branche 23 / Tak 23 investment funds are available on the website www.deltalloydlife.be. Only the full text of these regulations is legally valid. The financial risk of Branche 23 / Tak 23 transactions is fully borne by the policyholder. 
  2. A tax advantage may apply, provided you meet the legally established conditions. The tax regime applied to your contract depends on your tax situation. This can change over time.
  3. NN Strategy Star Fund is a life insurance product that consists of investment funds (Branche 23 / Tak 23) without a guaranteed lump sum. For more information, read the Financial info sheet for NN Strategy Fiscal on www.nn.be. Applicable law: Belgian law Period: at least 10 years. Before subscribing to the NN Strategy product, customers are advised to read the documentation on this specific product (the Financial info sheet and General Terms and Conditions available on the website www.nn.be) and to verify whether the product is in line with their knowledge and experience with regard to this type of financial product, their financial situation, their risk profile and their investment objectives.
  4. If you have any complaints about your NN contracts, please get in touch with:
    - NN, Quality Team, Avenue Fonsnylaan 38, B-1060 Brussels, klachten@nn.be in the first instance;
    - or with the Consumer Ombudsman Service at Ombudsman van de verzekeringen, Square de Meeûssquare 35, B-1000 Brussels, tel: +32 (0)2 547 58 71, fax: +32 (02) 547 59 75, info@ombudsman.as, www.ombudsman.as a last resort.