S-PENSION Build up capital for your retirement while enjoying tax benefits today

The legislator encourages you to take out a private pension scheme contract by offering tax benefits, subject to certain regulatory constraints that include the following, in particular:

• you must be an individual taxpayer resident in Luxembourg, or equivalent,
• you must be under 65 years old,
• you must take out a policy for a minimum term of 10 years,
• the minimum age at which you may redeem the policy is 60 years and the maximum is 75 years of age,
• the maximum annual amount deductible per individual taxpayer: EUR 3.200.

When the policy matures, you can choose between:

• a lump-sum payment of all the capital accumulated,
• payment in the form of a lump sum for up to 50% of the capital accumulated and the remainder in the form of a monthly annuity,
• payment of all the capital accumulated in the form of an annuity.

Your payments are invested in lux|pension SICAV of Spuerkeess. The SICAV includes several subfunds with varying investment policies. You can opt for a "stocks” or “flow” formula, with a predefined percentage in equities.