How can regular contributions reduce the investment risk?
If you make regular contributions to the savings, this means that the shares of the selected investment funds are bought both when the financial markets are going up and the fund prices are high, and at the downturn when the prices are low. This evens out the impact of fluctuations in financial markets on your savings in the long term. When the market is at a downturn, it means that fund asset prices are low, and you can buy more for the same amount of money!
Review the amount of regular contributions once a year, adjusting it to your needs
By contributing to your savings this year, you can increase your potential tax refund next year
SEB supports responsible investments, so you can be sure that the investments are partly made in environmentally friendly and sustainable solutions
Continue to make regular contributions or conclude a standing payment order
Tax refund calculator
For a tailored calculation for you, please enter your details. Please note that the tax information provided is based on the currently valid regulatory enactments in the field of taxation, which may change over time. The tax result may vary in each case.
The calculated values are preliminary and the final amount will be calculated when you submit your tax declaration. In order to receive the refund, you must submit a personal income tax declaration.
Why is this a time of opportunity?
Fluctuations in the financial markets are neither good nor bad. It is important to use them for your own benefit. When investing, your money "works" in the financial markets, while leaving free funds in a bank account, they lose their value over time due to inflation.
Jānis Rozenfelds
Chair of the Board of SEB Investment Management
The downturn in the financial markets can be compared to discounts in a store. If every store in the world started selling clothes, shoes, electronics, and other items at a discount of 50%, 70%, or even 90%, would we buy them? By continuing to make contributions to your pension savings in times of a downturn, it is possible to use the opportunity to invest with discounts, because the money invested in times of a downturn will pay off when the financial markets recover.
We highly value your opinion
We would be grateful if you could give us your feedback on these news. Your answer is anonymous.
In accordance with the current regulations, for contributions to your savings (life insurance with savings (with a minimum contract period of 10 years) and/or 3rd pension pillar) of up to 10% of your gross annual income (salary before tax), but not more than EUR 4000, you can receive personal income tax relief in the amount of 20%.
Please note that the provided tax information is based on currently applicable regulatory acts; the tax legislation can change over time. The tax result may differ on a case-by-case basis.
