The pension contribution will be taxed at the time of contribution, meaning that the pension payout will be tax-free.<\/p>\n\n\n\n
- \n
- At least 45%<\/mark><\/strong> must be paid out as a lifelong benefit (pension annuity), which according to the law is a pension plan that is paid out continuously as long as the policyholder (the person who owns and established the insurance) is alive, but ceases upon their death.<\/li>\n\n\n\n
- At most 55%<\/mark><\/strong> can be paid out as a deferred pension, which according to the law is a pension plan paid out over an agreed period, but for at least 10 years.<\/li>\n\n\n\n
- A maximum of 15%<\/mark><\/strong> can be paid out as a lump sum, which according to the law is a one-time payout.<\/li>\n<\/ul>\n\n\n\n
- At most 55%<\/mark><\/strong> can be paid out as a deferred pension, which according to the law is a pension plan paid out over an agreed period, but for at least 10 years.<\/li>\n\n\n\n
![\"\"](\"https:\/\/www.liv.fo\/wp-content\/uploads\/2025\/01\/Triggir-partar-4.png\")
<\/figure>\n","protected":false},"excerpt":{"rendered":"