Individual Pensions Plan C.U.

	Plan your Future... Pay Less Taxes.

What is the Individual Pensions Plan C.U. - 1?

It is a saving plan with a clear purpose: to compliment your retirement pension while benefiting from the best tax advantages.



Who is it for?

For adults who are not retired and who get earned income.

How much do I have to pay?

With the Individual Pensions Plan C.U.-1 our clients always decide the amount and the frequency of their payments. Furthermore, you can make regular payments from 5.000 Pts per month, although you can make extra payments whenever you wish.

What will my profit be?

You will obtain the highest profitability in the market, thanks to the investment experience of the group of experts in Commercial Union Vida.

Last 6 years:	11,80%
Last 3 years:	14,37%
1998:	13,47%

HISTORIC EVOLUTION

The diversity of our investment base in fixed and variable income to national and international levels allows us to offer you maximum security and profitability over the long term.

Are there any tax advantages?

All the payments made to the Individual Pension Plan C.U.- reduce the IRPF taxable base. The legal limit for such a reduction is 20% of the net earned income up to 1.100.000.

TAX SAVING EXAMPLE

Effective taxable base I.R.P.F. 1999	5.000.000	8.000.000	12.000.000
Amount with no contribution	1.368.800	2.594.000	4.424.000
Payment	500.000	750.000	1.100.000
Final Amount	1.182.800	2.256.500	3.899.000
Tax saving	186.000	337.500	525.000
% Saving on the payment	37,2%	45%	47,72%

What is the tax liability
of the plan when you retire?

Money received by those who have the pension plan will form part of the IRPF taxable base as independent earned income.
At that moment, the client has the right to decide how he wants to be paid: all at once or as income.

The Individual Pensions Plan
C.U. - 1 has only advantages

High profitability

As a result of the dynamic investment policy of Commercial Union Vida.
1998 : 13,47%
Last 3 years: 14,37%

Excellent tax advantages

Tax saving of up to 48% on the payments made.

High flexibility

You decide how much and how often you want to pay.

Reduced Payments

You can have your Pension Plan C.U.-1 from 5.000 Pts per month.

You always decide

You can decide whether you want to be paid in capital or as income or even a combination of both. You can study which way has more advantages for you considering the tax system of that moment.

E-mail:	euroteideseguros@euroteide-seguros.com
	dptocomercial@euroteide-seguros.com
© Euroteide Seguros S.L. 1998