Shall we discuss it?
If you would like more information, visit any of our branch offices.
The Insured Pension Schemes (PPAs) are savings insurances that allow you toaccumulate savings to supplement your state pension at the time of retirement.
There are two types of Insured Pension Schemes depending on your present circumstances:
The Plan Futuro PPA is a flexible savings insurance, with which you can accumulate capital that you will receive at the time of retirement. For people between 18 and 65 years old.
The characteristics of this insured pension scheme are:
If you already have retirement savings in a pension scheme or a PPA and the time has come for you to enjoy it, you can mobilise it to the Plan Ahora PPA to receive an income tailored to your needs while the rest of the savings continues to increase.
The Plan Ahora PPA allows you to:
Shall we discuss it?
If you would like more information, visit any of our branch offices.
Insured Pension Schemes (PPAs) have tax benefits1.
If you take out the Plan Futuro PPA or the Plan Ahora PPA you can obtain the following benefits:
Shall we discuss it?
If you would like more information, visit any of our branch offices.
Insured pension schemes are illiquid contracts, so they can only be redeemed in the event of any of the contingencies covered occurring. However, it can be redeemed in advance in cases of serious illness or long-term unemployment. Starting in 2025, premiums paid at least ten years prior can be redeemed.
The Plan Futuro PPA has a guaranteed minimum interest rate, but Santander Seguros may apply a higher interest rate than the guaranteed one, which is calculated every six months and based on the return of the assigned investment portfolio.
The moment you start collecting your Flexible Income, you will have full access to your savings. Prior to this, the product is illiquid, therefore, they will only be able to be redeemed in the event of any of the contingencies covered occurring. However, it is possible to recover them in cases of serious illness or long-term unemployment. Starting in 2025, premiums paid at least ten years prior can be redeemed.
The amount of income that you have defined will decrease the accumulated balance that you hold in the Plan Ahora PPA. The balance, as well as the amount and frequency of the income, will determine its duration. You will stop receiving the Flexible Income when the accumulated balance in the product is 0 euros.
Shall we discuss it?
If you would like more information, visit any of our branch offices.
Reduces the tax base on your tax return.
Get guaranteed interest on your savings.
Decide how often and how much you will contribute.
DICTIONARY
SANTANDER BLOG
Find out more
inversion-sostenible-responsable-isr
BLOG SANTANDER