Payout from Old-age Savings
You decide how you want to receive the payment. The payout is tax-free, and it will not affect your state pension.
Manage Your Old-age Savings
You can receive your Old-age savings in different ways. Choose the option that suits you best.
- We recommend a payout over 15 years. This way, you get money every month for a longer time – and you won’t run out too soon.
- Need extra money? You can withdraw from your savings like a bank account – even if you already receive monthly payments. Just call us first.
No matter what you choose, the payout is tax-free and will not affect your state pension.
Any questions?
There are limits to how much you can pay into an old-age savings scheme.
If you are more than seven years away from your state pension age, you can pay in up to DKK 9.400 each year. If you are less than seven years away from your state pension age, you can pay in up to DKK 61.200 each year.
These limits apply to all your old-age savings no matter how many schemes you have.
If you die before your old-age savings have been paid out in full, the remaining balance will be paid out to your beneficiaries.
If you put extra money into your savings separately from your employer, you can typically have it paid out three years before reaching your state pension age. If you want the money earlier, you have to pay 60 percent tax.
There are other rules for contributions from your employer.
See also
