A private supplementary pension for the self-employed is your personal pension savings pot – independent of the company. All specialists will advise you to first of all fill this pension pot. The reason is quite straightforward: the PSPSE offers three great advantages:
- a guaranteed (high) interest rate
- premiums immediately deducted from your personal income tax
- lower social security contributions
In a nutshell, you immediately recover almost two-thirds of the premium paid. Only when you reach your PSPSE ceiling is it time to consider other savings products.
Your PSPSE is an excellent basis for covering risks other than your pension. For example, it is simple to take out an unfitness for work guarantee, with a premium waiver or otherwise.