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🌱 Retirement savings (art. 111 bis)

From what age and for how long?

The article 111 bis framework sets conditions on duration and age to benefit from the tax advantage and a payout under good conditions.

A minimum savings period

The contract must run for a minimum period (at least about ten years under the regulations) and the savings are in principle not available before the set maturity. It is a long-term investment, not a rainy-day fund.

A maturity linked to age

The payout takes place from an age set by law (around the statutory retirement age), and at the latest at an age limit defined by the contract.

To check before signing up

The exact age and duration limits depend on the regulations in force and on the contract. Signing up too late can reduce the benefit of the scheme: it is better to model your timeline.

Our advice

The longer the time horizon, the more time the savings have to build up. We draw up with you a plan suited to your age and objectives, in full transparency.

General information, subject to legal and contractual conditions and your personal situation; to be confirmed with the ACD (Luxembourg tax authority) or a qualified professional.

A question about your situation?

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Old-age provision 111 bis: principle and ceilingA retirement savings contract whose contributions are deductible from taxable income, within a legal limit. How do you access your 111 bis savings at maturity?Lump sum, annuity or a mix: how an old-age provision contract pays out and how it is taxed at exit.