Yes. You can save yourself in various ways for a higher pension, or to supplement your pension. And in addition to saving on a bank account, it is also possible to save in a tax-friendly manner via an annuity insurance or a bank savings product. Building up (extra) pension is very sensible in a number of situations.
These are as follows:
- When you are self-employed or self-employed, you do not accrue employee pension. That is why building up your own pension is essential. This also includes insurance in the event of death or incapacity for work;
- If your employer does not offer you a pension scheme, it is smart to start building up your pension yourself;
- If a pension gap has arisen because you have not worked for a long time, for example.
If you fall outside of these situations, it does not immediately mean that it is not smart for you to build up extra pension yourself. It is therefore always good to check whether the amount that you are building up with your current employee's pension meets your wishes. If not, you can always choose to build up extra pension yourself. It is often possible to save extra in the pension scheme of your employer.
The extent to which you can make use of these options depends on the options that your pension scheme has and the scope that you get from the tax authorities. After all, it is not allowed to save unlimited for pension. Therefore, get expert advice about your personal situation.