As a self-employed person without employees (zzp'er) in Westland, you do not receive an employer's pension. It is crucial to arrange your future financial security yourself. Fortunately, there are various options available.
Why is building your own pension essential?
As a zzp'er, you are entitled to AOW, but this basic income is often insufficient to live comfortably. Therefore, it is advisable to build up supplementary pension.
Options for zzp'ers in Westland
| Option | Advantage | Disadvantage |
|---|---|---|
| Annuity (insurance) | Tax advantage, guaranteed income | Little flexibility |
| Annuity (bank savings) | Tax benefits, make your own investment choices | Investment risks |
| Investing | Chance of high returns | Risk of loss, no tax advantage |
| Saving | Safe and flexible | No tax benefit, low return |
| Own home | No rent costs at older age | No liquid assets, value fluctuations |
Calculate annual room and reserve room
You can invest a certain amount tax-deductibly for your pension:
- Annual room: dependent on your income from the previous year
- Reserve room: unused annual room from previous years
- Calculate this easily using tools from the Tax Authorities
Participation in a pension fund
For some zzp'ers in Westland, voluntary participation in a pension fund is possible:
- This is possible if you previously worked as an employee in the same industry
- Or via a fund specifically for self-employed persons
Frequently asked questions about pension for zzp'ers
How much should I save for my pension?
A guideline is to reserve 10-15% of your annual turnover. Use tools such as mijnpensioenoverzicht.nl to calculate your required amount.
Is an annuity fiscally more advantageous than regular saving?
Yes, with an annuity you pay less tax now and only later upon payout, often at a more favorable rate.
Can I have my annuity paid out earlier?
No, an annuity can only be paid out from 5 years before your AOW age. Early withdrawal leads to additional tax, such as revision interest.
Extra help in Westland
For legal advice on pension arrangements, you can go to the Juridisch Loket Westland. In addition, disputes fall under the jurisdiction of the District Court of The Hague.