It is the amount of money that the shareholder, that is, Pension Plan holder contributes to the Plan, with the aim of increasing the amount of savings invested.
It permits you to increase the capital invested and your savings for the future.
On the screen you can choose your preferences in the different fields:
You choose the amount to contribute, with a minimum and maximum.
You choose the account from which the contribution is going to be made. If you wish to make a contribution from another Plan, select the option "Transfer" (internal, if it is from BBVA or external if it is from another bank).
You choose the pension plan where you want to make the contribution.
To finish, review the documentation and confirm the operation by entering your password
The annual limit of all the contributions you make for all of your Pension and Benefit Plans as a whole amounts to €8,000.
All the information is available to you from the global position of the bbva.es website. By accessing your Pension Plan's information, you can check the number of shares you have, its net asset value and access the file of the management company where you will find complete information on the plan, its evolution, profitability, documentation, etc.
Any additional contributions you make to a pension plan, once its guarantee has started, are not covered by the guarantee.
The contributions made reduce the general part of the taxable income base for Personal Income Tax purposes, with the annual limits established by the legislation in each territory, with the consequent tax saving for the participant.