[F12] [Particulares - Pregunta Solucion] I would like to enjoy my retirement pension - How can I leave part of my savings to my family?

How can I leave part of my savings to my family?

[F28][Cita - Pregunta Solucion] I would like to enjoy my retirement pension - How can I leave part of my savings to my family?

Savings achieved over the years can be used to provide added peace of mind for the family. There are ways to leave part of your savings to your family, whether you are a pension plan holder or you opt for an annuity.

[F17] Navegacion - Seguros de vida familiar

[F29][Respuesta Informativa - Pregunta Solucion] I would like to enjoy my retirement pension - How can I leave part of my savings to my family?

How can you inherit a pension plan?

In the event of death, the funds from a pension plan may be redeemed by the heirs. There are two types of beneficiaries:

  • Specifically named: The pension plan holder specifies who should inherit the pension plan and also sets the proportion, where necessary. Also those mentioned in the will are valid.
  • Not named: The rules of the pension plan itself may determine who the beneficiaries are, which usually coincides with the legal heirs (children, spouse). In the event of inconsistencies between the beneficiaries of the pension plan and those of the will, the document with the most recent date is used.

[F31][Video Informativo - Pregunta Solucion] I would like to enjoy my retirement pension - How can I leave part of my savings to my family?

How can an annuity be inherited?

A life annuity can be inherited in a number of ways. Firstly, there is the possibility of there being two plan holders. In this case, the monthly income will be paid for as long as one of them is alive and it is assumed that the income is divided equally (50% for each one), with the appropriate deduction being applied to each holder. It is also possible to nominate an heir in the event of death, which must be reflected in the contract. In this case there are two methods: A single payment of the entire capital sum, usually a percentage of the premium paid and Income or a percentage of it.

[F29][Respuesta Informativa - Pregunta Solucion] I would like to enjoy my retirement pension - How does inheriting a pension plan or annuity affect tax?

How does inheriting a pension plan or annuity affect tax?

  • Pension plan: The beneficiary is taxed on the inheritance of a pension plan in personal income tax as income from work. In other words, if the total amount is paid, the tax base may be increased until the maximum marginal rate of 45% is applied (it may reach 48% depending on the Autonomous Community in which you live). In this case, there is no inheritance or gift tax.
  • Life annuity: In the event of the death of one of the holders, the other holder must pay Inheritance and Gift Tax, and will continue to receive the full amount of the income without any withholding of half of the income. The death capital of the holders, if it has been contracted, is paid to the beneficiaries once the last of the holders has died.

[F23][Productos - Pregunta Solucion] I would like to enjoy my retirement pension - How can I leave part of my savings to my family?

Recommended products

This is a range of plans aimed at optimum management of savings, taking into account the retirement time-frame horizon.

This is a range of plans in which fixed and variable income is combined to offer you the best combination of profitability and risk.

This is a range in which you invest in plans linked to the stock market to take advantage of the potential return when you are still many years away from retirement.

This is a range of plans in which you invest in money markets and fixed income to collect benefits when you are only a few years away from retirement.

In addition to supplementing your income, your beneficiaries will receive 100% of the capital that has been invested, plus an extra 1% up to a maximum of 500 euros in the event of death.

It has an extra contribution to your income, higher than in the previous model. The return is based on interest payments from the debt issuer.

Achieves a higher return for your income than in the previous two categories with a portfolio that invests in fixed and variable income and that develops over the years to obtain higher returns. Beneficiaries will not have fixed capital in this model in the event of death.

The amount of the monthly income is higher in this model because the capital sum for death decreases over the years.

Higher monthly income because the capital sum for death also decreases over the years and because it is linked to the value of portfolios. It invests mainly in fixed-income securities and develops over the years to obtain higher returns.

You obtain the highest monthly income of all categories but you renounce the capital sum for death and the refund of savings.

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Frequently asked questions

It is a document that contains the conditions of the insurance. It comprises, inseparably, the general conditions, the specific conditions and, where applicable, the special conditions and/or the subscription certificates, as well as the supplements that modify or complement the previous ones.

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This is a contract that allows you to insure capital to cover unforeseen situations in the event of death (or disability, if this coverage is included).

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A pension plan is a product that allows you to save comfortably so you can have capital or income when you retire or in the event of disability and, when you die, so your beneficiaries can have it. Pension plans are also currently a product that allow you to maximise savings on your income tax returns.

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Life insurance is an immediate, easy and affordable way to guarantee future financial security for people close to us who are financially dependent upon our income.

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To facilitate the assignment of beneficiaries in the event of death, at the time of signing the contract we will provide you with a form where you can specify them. You can change these names as many times as you wish.

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[F11] Why VidaCaixa

Why

More than 100 years of experience in retirement

We have been helping people prepare for their retirement and offering personalised advice for over 100 years.

We are leaders

VidaCaixa is the largest insurance group in the country and first in the life insurance and pensions rankings.

Committed to our customers

We are the private entity that makes the most payments: about €4 billion each year.

We are the best pension fund manager

The quality of our management can be seen from the more than 25 internationally prestigious awards, including best pension fund manager, and the trust of so many customers.

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