BBVA Retirement Solutions

Browse the different BBVA Retirement Solutions

Our life plans are always changing and so can your BBVA Retirement Plan.

Our funds came top for the second year running

These prizes are the sole responsibility of the organizations that awarded them.

"The right choice" DECO PROTest on PPR Funds with 50% or more in shares

Learn more at decoproteste.pt/selos.

Fund flyer

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Best "Open Pension Fund with Risk 4" in the Best Funds Awards Jornal de Negócios/ APFIPP - 2023

Learn more at apfipp.pt.

Fund flyer

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Features of Reform Solutions

Liquidity at any time
Flexibility and portability
Attractive taxation

Liquidity at any time

With the world constantly changing, it's essential to make the most of your savings and to be able to use them when you need them, not just after you retire.

Although Retirement Savings Plans (PPR) and Open Pension Funds (FPA) are designed to be used as a supplement to a pension, they have immediate liquidity. PPRs offer total liquidity, although they are subject to market conditions. FPAs offer total liquidity, although subject to market conditions, within the legally prescribed repayment grounds.

Find out about the repayment conditions laid down by law for Retirement Savings Plans and Open Pension Funds here.

Flexibility and portability

Your objectives and needs change throughout your life, so the choice you make today of a Retirement Savings Plan (PPR) or Open Pension Fund (FPA) with a certain investment strategy does not limit the possibility of changing that strategy in the future, according to your objectives and needs at the time. This also allows you to take advantage of interest rate developments and long-term growth trends.

Whenever you want, you can transfer your PPR or FPA to another product of the same type, with no tax impact, preserving the seniority of your investment, which is important for guaranteeing you some of the advantages you have acquired.

Attractive taxation

Retirement Savings Plans (PPR) and Open Pension Funds (FPA) were created with a tax benefit on entry and attractive taxation on exit. Tax benefits on entry are an immediate incentive to save, but attractive taxation on exit must also be taken into account, namely their impact on the profitability of these products

Tax benefits upon entry

20% of the amounts invested in Retirement Savings Plans or Open Pension Funds (in accordance with the provisions of Article 21 of the EBF) are deductible from the participant's personal income tax (IRS), and the maximum deduction is related to the participant's age. This benefit does not apply to taxpayers after reaching retirement age. See more

Exit taxation

The taxation of income from these products at the time of repayment is lower than the autonomous taxation applicable to capital income, currently set at 28%. See more

Discover the BBVA Funds awarded for the 2nd consecutive year.

BBVA Estratégia Investimento PPR - DecoProteste's Right Choice in PPR Funds with 50% or more in shares.

BBVA Sustentável Moderado ISR - Distinguished by APFIPP as"Best Open Pension Fund with Risk 4".<br>

Discover our complete offer and browse through the different BBVA Retirement Solutions

BBVA Poupança Reforma Plans
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BBVA Open pension funds
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Warnings to the investor

There is no capital or revenue guarantee in the following BBVA pension funds.
It is only possible to redeem funds from the following Open Pension Funds: BBVA Sustentável Conservador ISR [BBVA Conservative Sustainable Socially Responsible Investment], BBVA Sustentável Moderado ISR [BBVA Moderate Sustainable Socially Responsible Investment] and BBVA Multiativo Moderado [BBVA Moderate Multi-asset] as provided for by law. Amounts can be withdrawn from the Retirement Savings Funds BBVA Estratégia Capital PPR [BBVA Capital Strategy Retirement Savings Plan], BBVA Estratégia Acumulação PPR [BBVA Accumulation Strategy Retirement Savings Plan] and BBVA Estratégia Investimento PPR [BBVA Investment Strategy Retirement Savings Plan] at any time, subject to the applicable tax penalty and withdrawal fee, as defined in the Information Documents (DI) and Management Regulations, in accordance with the legal terms.
Subscription and redemption fees may apply.

BBVA Mediación, Operador de Banca-Seguros Vinculado, S.A., under code OV-0060 and registered with the Insurance and Pension Funds Supervisory Authority (ASF), as evidenced on the ASF website, is the entity responsible for marketing the BBVA Pension Funds, as broker of open pension funds, using the distribution network of Banco Bilbao Vizcaya Argentaria SA, Portugal Branch. The Information Documents (DI) and Management Regulations are available at any BBVA Branch and at www.bbvaassetmanagement.com/pt, www.bbva.pt, and www.asf.com.pt.