Mind the Factor A when you file your tax return 2020

Did you build up pension rights in 2019? Or did you set aside additional pension savings in an annuity plan? Read here how it works to file your income tax return for the year 2020 and report your factor A for 2019.

Factor A is the amount of old age pension you built up during a calendar year. You need this amount to calculate how much you were allowed to save into an additional pension plan. You’ll find it on you yearly pension overview (UPO) at ‘My Pension’.

For a handy overview and more information, please click here.