Bankia Pensiones S.A., E.G.F.P.
Incapacity to work of the shareholder, total and permanent for the usual profession, or absolute and permanent for all work and the severe disability.
Death of the shareholder or beneficiary, which can generate the right to a survivor's (widow/widower, orphan...) pension or allowance, or a benefit in favour of other heirs or designated persons.
Severe or high dependency dependence of the shareholder.
EXCEPTIONAL CASE OF LIQUIDITY: Long-term unemployment; Severe illness and Contributions with a longevity of over 10 years.
Management and Deposit fees
1.00 | 0.09
It is necessary to distinguish between the time of the contributions and the benefits:
The total amount of the contribution reduces the general part of the basis of assessment of the I.R.P.F. to the lesser of the following amounts: 8,000 euros a year or 30% of the sum of the net earnings from work and economic activities during the financial year.
The contributor whose spouse does not obtain payable incomes in the general part of the basis of assessment or it obtains them in amount lower than 8,000 euros a year will be able to reduce in the basis of assessment made contributions to pension plans which the above-mentioned spouse is shareholder, with the annual maximum limit of 2,500 euros.
Contributions made by disabled people: maximum reduction 24,250 euros per year. The parties who can make contributions to a disabled person's pension plan (degree of physical or sensory disability greater than or equal to 65%, mental disability greater or equal to 33%, and those with legally declared incapacity, regardless of the degree), the spouse, relatives, directly or via marriage to the third degree, or those who are legal guardians or foster parents, with a maximum deduction of 10,000 euros a year. The application of the established reductions may not lead to a negative taxable sum.
Tax will be paid as on income from work.
a) In the shape of capital:
They do not originate reduction.
Temporary arrangement: for provisions deriving from contingencies occurring before 01/01/2007 and those occurring after 01/01/2007 for the part corresponding to contributions before 31/12/2006, beneficiaries may apply the reduction established in art. 17 of the Income Tax Act applicable on 31/12/2006. With general character, if the provision is received in the shape of capital a reduction of the 40 % will be applied on the consolidated right if the first contribution has a longevity of 2 years at least since was completed to date of the contingency.
From 1 January 2015 the application of the said transitional arrangement (reduction of up to 40% for the part of contributions made up to 31/12/06) is limited to the benefits received in the financial year in which the corresponding contingency occurs, or in the following two financial years.
For plans that have not yet been redeemed whose contingencies have already occurred, the limit will be as follows
- Contingencies happened in the exercises 2011 to 2014: the transitional arrangement will just be able to be from application to the provisions received until the completion of the eighth exercise next on that in which took place the contingency.
- Contingencies happened in the exercises 2010 or previous: the transitional arrangement will be applicable just with regard to perceived provisions until 31 of December 2018.
b) In the shape of income:
They do not originate reduction.
Exemption up to a maximum of 3 times the IPREM (Multiplier effect on index of revenue) in the case of the disabled.
Type of Guarantee
This pension plan is not guaranteed.
Short-term fixed income.