III pillar
SEB Tasakaalukas Pensionifond
Suitable if
- you have at least 3 years until retirement,
- you prefer a low-risk fund,
- your goal is to maintain the pension assets.
Recipient
AS Pensionikeskus
Account
EE547700771002908125 - LHV Pank AS
EE961700017004379157 - Luminor Bank AS
EE141010220263146225 - SEB Pank AS
EE362200221067235244 - Swedbank AS
Explanation
30101119828, EE3600008934, IK:Your ID Code
Amount
Amount invested in euros.
Strategy
The fund mainly invests in bonds and deposits, with up to 25% invested in shares. As the fund invests in shares, bonds and deposits in an equal amount, moderate fluctuations in the value of the fund's assets may occur.
Entry fee: 0%
Exit fee: 1%
Management fee: 1%
Ongoing charges (inc management fee): 1.27%
Ongoing charges are based on expenses for the last calendar year, ie 2020. Ongoing charges may vary from year to year.
Disbursements
Pension agreement
The state does not tax payments from the 3rd pension pillar if you have concluded an insurance contract under which regular pension payments will be made to you for the rest of your life.
Resale of shares
After reaching the age of 55 (if you started making Pillar III contributions before 2021), but not before five years have elapsed from the initial investment, the income tax on disbursements is 10%. If you have joined the third pillar before 2021 and want to take out what you have collected before the age of 55, the income tax is 20%. Those who have joined the third pillar from 2021 can withdraw money from the third pillar at a more favorable income tax rate (10%) if there is less than 5 years until retirement age.
The third pillar savings can also be bequeathed
The heir can then decide what to do with the inherited assets—whether to transfer them to their pension account or to withdraw the amount in cash.
Income tax of 20% applies to cash withdrawals.
