2024 has just begun and with the new year there are a lot of changes to be expected regarding the pension as several parts of the pension will be increased.
You can read more about how much the pension will be increased here.
The details for the pension in 2024
In the changing times, it is important to keep an eye on the details that will make it easier for you before retirement in 2024. Therefore, News24 spoken to Frida Brattsavings economist at Nordnet Bank, who clarifies which details you must know and how you can maximize your own pension payment.
– It is important to plan your pension and be prepared before you retire. The best thing is to try to have a strategy when it comes to withdrawing the occupational pension and one such could be to choose different payment times for different insurances.
Bratt also explains that one of her tips is to choose the shortest possible payout period for insurance policies that cannot be moved and where the fees are high.
– It is also good to keep in mind that a few extra years in working life do a lot for the pension because you continue to earn pension rights and capital for the income pension and occupational pension while you are working – but also because The Pensions Authority can count on fewer years for you as a pensioner. That means a higher pension every month, she tells Nyheter24.
The setback that can reduce your pension by SEK 30,000 – every year: “Expensive deal”
This is how you maximize your pension in 2024 – according to the economist
In order to maximize the pension and create the possibility of increasing it, a tip is to review any repayment protection.
– If you have repayment protection for the premium pension and occupational pension, this means that your survivors can share in your capital if you die. It may feel good, but it means a slightly lower pension for you each month because you are not allowed to share in so-called inheritance profits. It may be good to think about whether you should have repayment protection or not.
You can also review the fees where the pension capital is invested, she explains.
– Paying higher fees for occupational pension insurance is like giving away money unnecessarily. Don’t do that, but switch to cheaper pension solutions and lower fund fees if possible, she says.
Clear: Your premium pension will be that much higher in 2024