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In the case of employed persons, their own earned income is offset against the widow’s pension, and in the case of pensioners, their own old-age pension is offset against the widow’s pension. As soon as the tax-free amounts are exceeded, the widow’s pension is reduced accordingly.
At Horizon65 we can help you to determine if company pensions are worth it for you by using our mobile app to simulate its effect on your future taking into your existing investments and potential impact of inflation and taxation.
We regularly help our clients by comparing all the available company pension products on the market using our comparison portal or you can also directly get in touch with our experts to understand if it can be a good option for you.
Download our app and start gaining insight into your current and future finances.