When you are young, it can also be difficult to imagine that one day you will retire, and that after several decades of work, making ends meet on a limited pension may become a challenge.
Voluntary pension funds are one of the most advantageous forms of retirement savings and financial planning. What’s more, they are also supported by the state.
Provides a 20% tax credit, up to a maximum of HUF 150,000 per year, which is deducted from your personal income tax (PIT).
After a specified period, members can withdraw the amount accumulated in their individual account, including returns, either as a lump sum or in the form of an annuity.
The money you pay into the state pension fund becomes the property of the state when you die. With a voluntary pension fund, however, you can designate beneficiaries on your membership application, who, in the event of your death, will inherit the savings accumulated in your individual account without the need for probate proceedings.
Your employer may cover part or all of your membership contributions.
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Phone:+36/30 211-2770
Email: bestcover@bestcover.hu
