Long Term Savings

Long-term savings is a smart way to build additional capital for the future while enjoying annual tax benefits. It’s an attractive complement to retirement savings, especially if you no longer deduct your mortgage loan in your personal income tax.

Who can start long-term savings?

You can start if you meet these conditions:

• You’re between 18 and 65 years old.
• You have professional income in Belgium.
• Your fiscal room depends on whether you still deduct a mortgage loan. Since 2016, new loans are no longer deductible, which means most people now have space for long-term savings.

How much can you save?

Your annual premium is linked to your income:

Fiscal room 2025 = €189 + 6% of your net taxable professional income

(with an absolute maximum of €2,530 per person, per year).

Each contribution gives you a 30% tax reduction, increased with local surcharges.

💡 Example: With an income of €40,000, you can save the full €2,530 and recover around €812 every year via your tax return.

What about taxation?

• At age 60, a one-off tax of 10% is applied to your savings.
• After 60, you can keep saving, enjoy the same 30% tax advantage, and no final tax will be charged.
• If you start after age 55, the final tax is charged on the 10th anniversary of your contract instead of at age 60.

Key features at a glance

Why choose long-term savings?

• Boost your pension with extra capital on top of retirement savings.
• Enjoy annual tax benefits of up to 30%.
• Flexibility to use part of the capital along the way to help finance property.
• Accessible to most people since mortgage tax deductions were phased out.