- Offer
- Long-term savings
Retain your tax advantage with long-term savings
Long-term savings
What is it?
Long-term savings allow you to save for a supplement to your pension while also enjoying tax relief on the contributions you pay.
Why long-term savings?
Ensure financial security
Unfortunately, the statutory pension alone is not sufficient to maintain your standard of living.
retained, because the statutory pension of a Belgian employee averages only around 66% of their last net salary. For many self-employed persons and employees, it is even much less.
Tax benefit
Long-term savings allow you to save for your retirement and benefit from tax relief on the contributions you pay.
Mortgage loan repaid?
Have you already repaid the mortgage loan on which you enjoyed tax relief? If so, long-term savings are the ideal replacement to keep your taxes within limits.
What is insured?
Long-term savings are mainly taken out in order to build up a supplementary pension in a tax-friendly manner. The maximum contribution for 2025 is €2,450, depending on your net professional income, with a tax benefit of 30%.
You can choose how you wish to save:
- Branch 21 with a guaranteed interest rate, meaning that your net premium is always fully protected. The return may be supplemented with an annual profit share.
- Branch 23 without a guaranteed interest rate. If you are seeking a potentially higher return, you may also opt for long-term savings through a Branch 23 life insurance policy.
This solution does not offer a guaranteed return. The premiums are invested in funds where the return depends on the performance of those funds. The higher risk is offset by the possibility of a higher return.
Frequently asked questions
Discover the most frequently asked questions about this insurance. Over the years, we have collected this information and summarise it here. Easy, right?
When should I start long-term saving?
The earlier the better, but long-term savings can only be taken out from the date you start receiving professional income. Until just before you turn 65.e you can still sign a contract.
Does long-term saving have tax advantages?
The tax benefit amounts to 30%.
Even after you turn 65e you can still enjoy this tax benefit until the age of 99. A wonderful and long-term prospect!
Can I lose my money by saving for the long term?
The safest option is, of course, to opt for a Branch 21 contract, as this will guarantee you a return.
But even if you opt for Branch 23 funds, you cannot lose your money. The value of your savings may fluctuate, but history shows us that there is a good chance of achieving a higher return.
Materné will work with you to determine which of the two solutions best suits your profile.
What happens to my savings in the event of my death?
The savings balance will be paid out to the beneficiary or beneficiaries upon death.
If you deduct the premiums for your pension savings or long-term savings from your tax return, you cannot simply designate anyone as the beneficiary in the event of death. Your choice is legally limited to:
- Your spouse
- The partner with whom you legally cohabit
- Your child(ren)
- A blood relative to the second degree
How are long-term savings taxed?
At the age of 60, your contract will be taxed at 10% on the accumulated capital if the contract was taken out before the age of 55. However, if the contract was taken out after the age of 55, it will be taxed after 10 years.
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