Renta Vitalicia definition, calculation, types and deductions

RentaVitalicia

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Get your money's worth from day one

Renta Vitalicia is an ideal product for all those people who have a capital that they want to get a secure return on and with which they can receive a monthly income in the future.

This product offers you the possibility of receiving a monthly income for as long as you need it or for your whole life, at your convenience. And all this with the knowledge that your savings are safe in Mutualidad and, just as importantly, you get excellent tax benefits.

Advantages of Renta Vitalicia

Security. Your savings will be safe and you won’t have to worry about anything at all thanks to a solvent institution with years of experience.

Profitability. The return that corresponds in the current period to the Renta Vitalicia.

Related products

Methods

You can choose the type of payment that best suits your particular situation.

Profitability

At Mutualidad we are always looking for the best profitability so that you can always make the most of your savings, all at a very competitive price and with very low management costs. All this has made us grow every day to become one of the most prestigious entities in the market.

Rentabilidad

Taxation of Renta Vitalicia

In 2022 the tax rate for the first 6,000 euros is 19%, 21% up to 50,000 euros, 23% up to 200,000 euros and for amounts higher than this it is 26%.

Here we tell you how you can benefit financially from your Plan Renta Vitalicia

Remunerated Renta VitaliciaOther savings products
AgePercentage of income exempt from taxationPercentage of income deductionPercentage of income exempt from taxationPercentage of income deduction from other savings products
Under 40 years of age60%76%0%19%
Between 40 and 49 years65%665%0%19%
Between 50 and 59 years72%532%0%19%
Between 60 and 65 years76%456%0%19%
Between 66 and 69 years80%38%0%19%
Over 70 years92%152%0%19%
Over 70 years92%152%0%19%
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