What are the disadvantages of a PIPA?
It is not possible to withdraw the capital invested in a PIPA before retirement age: your money is therefore blocked for the long term. With one exception: you may withdraw part of your invested capital to finance a real estate project. Besides, other tax-deductible envelopes (e.g. CIPA) may be more attractive fiscally, provided you fulfil the conditions to get access to them.
Last updated on 18/09/2019