For the end of the year, investment experts recommend taking advantage of the tax breaks applied to the III pillar, i.e. filling the III pension fund as much as possible. According to Vahur Madisson, manager of Luminor pension funds, in addition to the additional payment at the end of the year, at the beginning of the new year it is worth calmly reviewing your investment plans and thinking about whether and how much to increase the payment of the III pillar this year and what further payments could be made to this pillar during the year.
“Of course there is no harm in taking a look at the 3rd pillar at the end of the year and, if possible, claiming it in full,” says Madisson. “At the same time, contributions paid in January or at other times of the year to the III pillar will not remain without a refund of income tax, but will simply be received the year following the preparation of the tax return.”
2024-01-09 12:32:30
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