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| Hello!
I guess you may know already but... once you use your second pillar to buy a house, you can "fill it up" again in the years later. details are in your pension plan rules. This has the benefit to have a full pension plan. It is also tax deductible and you can put in whatever amount (no limits like with the third pillar.
Cristina | |
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No longer possible to claim full tax deduction while refilling a pension plan depleted to buy housing! The taxman closed that loophole in 2007. Note that:
* Amounts withdrawn to finance housing is taxed, albeit at a lower rate, on withdrawal from the pension plan.
* Cannot put in "whatever amount" into the pension plan. Only the deficit to be fully vested.