Individual Pension Saving - IPS

Individual Pension Saving (IPS) gives you as a private client an opportunity to save up to 40 000 NOK every year- a significant and important supplement for your pension. With the new and improved IPS, you will receive deductions on ordinary income for the amount you save. With a rate at 23 percent, you will get a reduction up to 9 200 NOK for the tax year of 2018. IPS has an 18-years limit and your savings can be paid from the age of 62 - over a period of at least 10 years.