The maximum amounts for tax-efficient life insurance policies

Have you opted for tax-efficient pension savings, long-term savings or a Private Supplementary Pension for the Self-Employed? If so, you can enjoy some very attractive tax benefits. Check out the maximum amounts defined by law here.

Maximum amounts in 2022 for private individuals (2022 income year, 2023 tax year)

Maximum amount for tax-efficient Pension Savings in 2022: choose between EUR 990 and EUR 1,270

During the 2022 income year (= 2023 tax year), you can choose for the first time between two maximum amounts and their associated tax benefits.

Save up to EUR 990: 30% tax benefit

In other words, a maximum tax reduction of EUR 297 can be obtained. That means the tax benefit amounts to 30% of the total premium(s) paid.

Save up to EUR 1,270: 25% tax benefit

In other words, a maximum tax benefit of EUR 317,50 can be obtained. That means the tax benefit amounts to 25% of the total premium(s) paid.

Maximum amount for tax-efficient Long-Term Savings in 2022: EUR 2,350

Save up to EUR 2.350: 30% tax benefit

In other words, a maximum tax benefit of EUR 717 can be obtained. In this way, the tax benefit amounts to 30% of the total premium(s) paid.

Maximum amounts in 2022 for self-employed professionals (2022 income year, 2023 tax year)

For your Private Supplementary Pension for the Self-Employed (VAPZ) in 2022: EUR 3,447,62

The maximum amount for a Private supplementary pension (VAPZ) is 8.17% of your net taxable professional income of 3 years ago. In 2022, this is subject to an upper limit of EUR 3,447,62.

For your Individual Pension Agreement (IPT) in 2022

The maximum amount is calculated based on the capital at maturity, subject to the 80% rule, and based on your current salary and the legal upper limit.

The 80% rule specifies that your statutory and supplementary pensions may not jointly amount to more than 80% of your "final gross monthly salary", depending on your career. You can find more information here.

Your unique life deserves a personal approach. That is why we are happy to help you find an independent broker in your area