NN Strategy fiscal - Pension Savings in branch 23, offers you the possibility to build up a savings ‘pot’ as a supplement to your statutory pension. This Branch 23 investment also gives you a possible higher return than classic savings products. And depending on your personal situation, you can also enjoy a tax benefit.
The possible long-term prospect of high returns
Combine it with fiscal long-term savings and various pension solutions for everbody
Depending on your situation, you may receive a tax benefit
Did you know that from now on you can also monitor your NN strategy contract(s) in the NN connect application?
NN Strategy Pension Savings is a Branch 23 product aimed at building up a supplementary pension in a tax-efficient way. This policy is perfect to be combined with long-term savings. The tax benefit is 25% or 30%.
The aim of the NN Life Patrimonial Future Fund is to offer added value in the medium and long term on the amounts deposited into your policy, as a result of the investment opportunities on the financial markets. You benefit from the professional management of portfolios of securities and/or liquid financial assets. The spread of the portfolios that constitutes the funds is designed to limit the risks inherent of each investment, albeit without excluding them completely. As a result, NN Insurance Belgium nv is unable to guarantee a return and the financial risk will be borne by the policyholder.
More details are available in the Management Regulations and the NN Strategy fiscal Management Regulations and Financial information sheet.
This insurance policy is aimed at natural persons aged between 18 and 64 who wish to invest their money in a Branch 23 fund. This policy is also intended for customers wishing to enjoy a tax benefit in the context of the pension savings. Retail investors should be aware that their policy will be paid out at the earliest on their 65th birthday, provided the policy has a minimum term of 10 years. It is only possible to take out this policy if the policyholder's legal place of residence is in Belgium. Proof of residency can only be provided by presenting a Belgian identity card or resident's card.
There is no capital protection and the retail investor must be prepared to bear the risk.
NN Strategy is not subject to the regulations of the United States of America (USA) regarding the trading of securities, nor to the supervision of the US financial regulator, Securities and Exchange Commission (SEC). For this reason, transactions linked to investment funds (Branch 23 products and cover) are not suitable or intended for individuals who may be qualified as a "US Person" in the broad sense. Click here for more information.
Discuss your investor profile with your broker. This is essential for investing sensibly.
You receive a tax benefit of 25% or 30% on your premiums if you meet the conditions set by law. The percentage depends on the total of your premiums paid in the tax year.
The tax system that applies to your policy depends on your tax situation. This can vary over time.
You do not pay any premium tax.
54 years of age: an age to remember!
With policies taken out before the age of 55, at the age of 60 you pay a one-off release tax of 8%. This means that in the 5 years afterwards, you no longer pay tax on your premiums and yet still enjoy a tax benefit.
The payments made up to and including 31st December of the year in which you turn 64 are also eligible for the tax reduction.
Still no pension savings policy in place by your 54th birthday? Then that is the time to speak with your broker.
These rules apply in accordance with current tax legislation and are subject to change in the future.
In the event of changes to the tax rules, NN Insurance Belgium nv cannot be held liable for the consequences.
Tax treatment depends on the individual situation of the customer and may change in the future.
Wherever reference is made to a tax system or regime, this needs to be understood as the tax system or regime that applies to an average retail customer living in Belgium in the capacity of a natural person (private individual).
- Minimum 40 euro per month
- Maximum: set by law. View the current fiscal maximums.
Entry fees
Maximum 4.5%: 0.5% on all premiums for the company and a maximum payment of 4% on each premium for your insurance broker.
Management fees
Maximum 1% per year. These fees are deducted at the unit value by the fund manager.
Exit fees
From year 5 onwards, there are no further exit fees.
It is necessary to read the following documents before purchasing, subscribing, accepting, signing or opening an NN Strategy contract;
Any other questions? Your broker will be happy to advise you.
View your assets, wherever you are and whenever you want
If you have a complaint about your NN policy, please contact NN, Quality Care Center, 38 Fonsnylaan, 1060 Brussels. Send an e-mail in the first instance to klachten@nn.be. Or contact the Consumer Ombudsman Service at the Insurance Ombudsman, 35 de Meeûssquare, 1000 Brussels. Tel: +32(0)2 547 58 71, fax: +32(0)2 547 59 75, info@ombudsman.as, www.ombudsman.as. It is also possible at all times to take legal action.
