Luxemburg fördert das freiwillige Rentensparen (3. Säule) als Ergänzung zum öffentlichen Rentensystem.
Allerdings werden diese Ersparnisse im Gegensatz zu vielen EU-Ländern bei der Auszahlung versteuert, was ihre langfristige Wirksamkeit verringert.
In der Praxis:
• Mehrere EU-Länder wenden teilweise Befreiungen bei Fälligkeit an
• Andere besteuern Beiträge anstelle von Auszahlungen
• Die meisten streben eine langfristige Vorhersagbarkeit über einen Zeitraum von 30–40 Jahren an
Eine öffentliche Petition befasst sich derzeit mit dieser speziellen steuerlichen Behandlung und argumentiert, dass sie von der Teilnahme an freiwilligen Altersvorsorgesparen abhält.
Quelle/Details:
Luxembourg voluntary pension savings are taxed at payout – how this differs from most EU models
byu/no_options_lux inLuxembourg
Von no_options_lux
3 Kommentare
How does this differ from some of the large EU countries? A quick search of Germany and France looks like they have similar schemes, with France providing flexibility if it’s taxed on the way in or taxed on withdrawal. It seems reasonable that the money is taxed at some point.
The issue is that (mostly due to demographic changes), the current pension system pays out benefits to current pensioners that will become entirely unaffordable in a few decades.
This means that the system is today **generationally unfair** because contributors are asked to fund a level of pensions to current pensioners that they themselves will be unable to perceive.
This proposal completely neglects the fact that the taxes paid on pensions flow into other areas of the state – at the very least, if you receive less taxes from pensioners, you’d need more from others to offset this.
Hence, by not offering other means to pay for this and pretending this change is somehow “free”, it aims to make pensions **even more unfair** in favour of current retirees.
I don’t think it’s unusual to tax these savings on the « way out ». Tax deferral is common, the UK gives 25% tax free treatment. The idea is that most people will pay high marginal rates while working, and pay low marginal rates when retired.
The problem with pillar 3 in Lux is the horrendous state of the financial services available. Paying 1%+ fees over your career if you can even find a passive global fund, when the standard for an ETF nowadays is <<0.5% is crazy. Private pension saving with tax deferral is a good model, but the implementation is rubbish.