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🌱 Retirement savings (art. 111 bis)

How do you access your 111 bis savings at maturity?

At maturity, the savings built up in a 111 bis contract can be accessed in several ways provided for by law.

The payout options

  • As a lump sum: payment of a single amount.
  • As a life annuity: a regular income paid for life.
  • As a combination of the two, depending on what the contract allows.
Taxation at exit

The payout is subject to specific tax treatment (for example reduced taxation on the lump sum, or taxation of the annuity under the applicable rules). The exact arrangements depend on the regulations and on your situation at maturity.

Planning ahead for the payout

The choice between a lump sum and an annuity is not neutral: it depends on your income needs, your age and your other resources. We help you prepare this step in advance to avoid unpleasant surprises.

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.

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