As a self-employed person, you do not have an employer. This means that you do not automatically build up an additional pension alongside the state pension (AOW). There are several different options for self-employed individuals to build up additional pension.
One option is to reserve a portion of your profit for a fiscal retirement reserve. You only pay taxes on this portion of the profit later on. However, there are certain conditions that need to be met in order to be able to build up a fiscal retirement reserve. The three most important conditions are that you must work for your business for at least 1,225 hours per year. You must also not have reached the AOW age at the beginning of the calendar year and you must be a self-employed individual for income tax purposes.
You can also join the voluntary ZZP Pension. You then determine how much pension you build up and how much you contribute per month. This amount is also deductible from income tax. The ZZP Pension is not a pension fund, however. The money you contribute is completely yours.
Finally, there is the option of setting aside money through a blocked savings or investment account. The premium is usually deductible from income tax. When you reach retirement age, the bank or investment institution will periodically pay out the accumulated amount.
Because we want you to excel without having to worry about practical matters, we offer you the possibility to use the Select Professionals services. This provides for all aspects of entrepreneurship. Through our partner ZP, you have the possibility to arrange your pension flexibly and affordably via BrightPensioen.