By BTG: At BTG Pactual, Private Pension is an investment opportunity

For many people, when they talk about Private Pension, the only thing that comes to mind is a retirement plan.

But at BTG Pactual, social security is treated differently: it is seen as an investment plan in the future, which offers several advantages, flexibility, tax benefits, asset protection for those who are concerned with the future of the family, and which serves investors from all profiles.

According to Bruna Ferrer, responsible for individual pension plans at BTG Pactual, “Over time, private pension plans have been widely seen as a vehicle for retirement. At BTG Pactual, pension plans have an investment bias. It is a retirement vehicle, but it also has an investment bias and is a succession tool.”

In this context, three major pillars of importance stand out: Tax Benefits, Property Succession and Flexibility.

“Social security has a tax benefit in the short term, since, with Social Security, in the case of the PGBL, there is the possibility of deducting a percentage of 12% of your taxable income”, emphasizes Bruna Ferrer.

Thinking in practical terms, whoever has a taxable income of R$ 100,000.00 and invests 12% of that in PGBL, that is, R$ 12,000.00, is taxed only on the difference (R$ 88,000.00).

Furthermore, unlike a normal investment fund, there is no quota eater in the pension plan, that anticipation of the income tax that is made every month of May and November.

Bruna Ferrer also points out that “It is possible to reach a 10% income tax rate after 10 years. It is one of the lowest rates that exist when we talk about investments”.

For comparison purposes, in investment funds or transactions with shares in the capital market, the incidence is around 15%.

Pensions are also one of the most efficient vehicles for Estate Succession , especially since it doesn’t go into inventory. And, in most Brazilian states, it does not suffer the incidence of ITCMD (Transmission Tax Cause Mortis and Donation), which is applied in case of donations and inheritances.

In addition, the person responsible for the plan can choose the beneficiaries themselves, who receive the funds within 30 days. Which often also helps them overcome the period in which the inventory is carried out, a process that can be painful and time-consuming.

And completing the three pillars, the Flexibility it is also one of the main advantages of the pension plan, since it is possible to carry out portability between insurers and funds, without the incidence of Income Tax. In a normal investment fund, for example, each time portability is carried out, tax must be paid, as if the redemption had been made.

In addition, this flexibility helps the client to take advantage of favorable market moments. “The client can move the resources according to his needs. At the time of a higher basic interest rate, he may look for a fixed income plan. If the CDI has fallen, you can migrate to variable income… without losing the benefit of counting time to reduce regressive taxation”, reports Bruna Ferrer.

And contrary to what many people think, you can start pension at any time in life to ensure more comfort in retirement or to achieve any goal, regardless of your investor profile.

Private Pension at BTG Pactual

BTG Pactual offers the only zero-fee pension plan in the market open to new investors. And the BTG Pactual Treasury Selic Prev 🇧🇷 Comparing with the market, the Bank does not even charge the so-called loading fee on applications, which are levied when the investor contributes or withdraws funds.

The variety of plans is also huge, either through its own insurance company, BTG Pactual Vida e Previdência or in partnership with ICATU Seguros. More than 250 pension funds are part of the grid, which involves products from the most conservative to the most daring and which already follow the new pension regulations. That is, there are funds for all profiles, starting at R$ 1,000.00 as an initial contribution and R$ 200.00 per month.

Another great differential, and exclusive to BTG Pactual, is the multi-fund platform, which allows the user to have a single certificate, with several linked funds, which offers the possibility of offsetting tax losses and gains at the time of redemption.

To understand in detail the differences between the plans and everything that BTG Pactual can do to guarantee its future, access this site🇧🇷