Dutch Private Pension Plan

A] Why?

Expats often do not have an active Occupational Pension Plan or do not yet use all the pension related tax benefits.

For them it can be very interesting to get a Dutch Private Pension Plan.

Especially as State Pension Claims can be expected to decrease in real value in the future.

B] Tax Benefits

Each Dutch tax resident is entitled to annually invest maximum € 13.236,- in a Dutch Private Pension Plan which premium is income tax deductible.

The exact annual personal amount is related to the amount of gross wages in the previous year and if there was already an Occupational Pension Claim.

To the extent that these benefits have not been completely used during the last 7 years, an extra annual tax deductible premium of maximum € 7.489,- can be deposited into the plan.

tax benefits

C] Investments

The investments are the engine of the plan. Therefore it is relevant that the chosen investment funds are excellent, according to your Personal Risk Profile and checked every few years.

The plans we offer are well known to us and have fine investment funds at regular costs.

D] Next of Kin Coverage

In case you might pass away before retirement age, your next of kin will be the beneficiary of the existing pension capital.

E] Costs

Due to the fierce competition between pension providers, the costs of Dutch Private Pension Plans are very low. As they should be as they are i.e. a tax facilitated investment account.

F] Pay-Out

The total of deposited premiums plus the total return on investment will be used to provide a pay-out as of retirement age during at least 5 years.

Lump Sums or Flexi Draw Down are not possible.

G] International Aspects

Wherever you live, it is no problem to get the pay-out from The Netherlands as of retirement age.

international tax planning

H] Portal

Each Dutch Private Pension Plan provides a fine portal so you have 24/7 insight into all parameters and investment funds.

I] Fee

We will gladly assist you in getting the best Dutch Private Pension Plan for a one time fixed fee of € 615,- and no VAT.

This includes the following services:

  • Carefully establishing your Personal Risk Profile;
  • Selection and comparison of quotes;
  • Making all the required tax calculations for maximum tax benefits;
  • Providing a quality English Pension Memorandum of 6 pages which will include all facts, your wishes, all options and our recommendations;
  • Complete implementation;
  • Aftercare is included and gladly offered.