Pension Fund vs RA

By Marc Sevitz · Updated 9 April 2014

I am currently at a company where they contribute and I contribute to a pension fund. Another company has a structure where they don't have any RA or pension scheme. If I were to take out an RA at the second company how will this affect my tax?

TaxTim Marc said:
9 April 2014 at 14:56

You would be entitled to a deduction of your RA contributions up to a maximum of 15% of your earnings provided there is no possibility to contribute to a pension fund. Currently you are entitled to a maximum of 7.5% of your current earnings as a deduction.

Salary / IRP5

Deductions

Retirement