As a self-employed person without employees (zzp'er) in Utrecht, you do not build up a pension through an employer. It is crucial to provide for a financial buffer for your old age yourself. Fortunately, there are various options available.
Why is building your own pension essential?
As a self-employed person, you only receive AOW, which is often insufficient to live comfortably. Therefore, it is wise to take additional measures for your pension provision.
Options for self-employed persons in Utrecht
| Method | Advantage | Disadvantage |
|---|---|---|
| Annuity insurance | Tax advantage, guaranteed income | Little flexibility |
| Bank savings for annuity | Tax benefits, freedom in investing | Investment risks |
| Self-investing | Chance of high returns | Risks, no tax advantage |
| Saving | Safe and flexible | Low return, no tax benefit |
| Own home | No rent costs later | Not liquid, value fluctuations |
Tax room for pension buildup
You can deduct a certain amount tax-deductibly for your pension:
- Annual room: depending on your income from the previous year
- Reservation room: unused annual room from previous years
- Calculate this using tools from the Tax Authorities
Participation in a pension fund
For some self-employed persons in Utrecht, voluntary affiliation with a pension fund is an option:
- 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 as a self-employed person
How much money should I reserve for my pension?
A guideline is 10-15% of your annual turnover. Use websites such as mijnpensioenoverzicht.nl to calculate your required amount.
Is annuity insurance tax-wise more attractive than saving?
Yes, with annuity insurance you reduce your taxable income now and only pay tax upon payout, often at a lower rate.
May I have my annuity paid out earlier?
No, this can only be done from five years before your AOW age. Early withdrawal leads to additional costs such as revision interest.
Legal support in Utrecht
For legal questions about pension schemes, you can go to the Juridisch Loket Utrecht at Catharijnesingel 55. In addition, the Rechtbank Midden-Nederland at Vrouwe Justitiaplein 1 handles matters related to financial disputes.