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Form 100. Personal Income Tax Declaration 2019 Assured savings plans

Premiums paid to Insured Pension Plans will reduce the tax base

The premiums paid for these insurance contracts will be indicated when they meet the following requirements:

  1. The taxpayer must be the policyholder, insured and beneficiary. However, in the event of death, you may generate the right to benefits under the terms provided for in Legislative Royal Decree 1/2002, which approves the Revised Text of the Law on the Regulation of Pension Plans and Funds.

  2. The contingencies covered must be, only, those provided for in article 8.6 of Legislative RD 1/2002, and must have retirement as their main coverage. For these purposes, it will be understood that the main coverage is retirement when the condition is verified that the value of the mathematical provision for retirement and dependency reached at the end of each annuity represents, at least, triple the sum of the premiums paid. from the beginning of the plan for death and disability capital.

  3. Early withdrawal, total or partial, will only be allowed in the cases provided for in the pension plan regulations.

  4. These insurance contracts will have to offer an interest guarantee and use actuarial techniques.

  5. It must be expressly and prominently stated in the conditions of the policy that it is an Insured Pension Plan. The name Insured Provident Plan and its acronym are reserved for insurance contracts that meet these requirements.