Our fees
Managing your wealth should not cost you a fortune. Whatever the nature of your investment, Easyvest offer our services for only a fraction of the fees charged by traditional banks and insurers.
We can opt for two investment solutions with Easyvest :
- Investment account starting from 0,5% p.a. incl. VAT
- Life Insurance starting from 0,25% p.a. incl. VAT
1. Investment account
The investment account can be opened for a person, a couple, a minor, an indivision (family or group), a company or a foundation.
The fees charged by Easyvest on its investment accounts decrease with on the amount invested :
| You invest | You pay |
|---|
| 5.000 € - 24.999 € | 1,00%/yr incl. VAT |
| 25.000 € - 49.999 € | 0,90%/yr incl. VAT |
| 50.000 € - 99.999 € | 0,75%/yr incl. VAT |
| 100.000 € - 249.999 € | 0,60%/yr incl. VAT |
| More than 250.000 € | 0,50%/yr incl. VAT |
There are four other costs to support, whether you invest with Easyvest, another financial institution or even on your own on online investment platform:
- Transaction tax (0,12% of the value of the transaction for trackers)
- Withholding tax on bonds funds (30% of the realized capital gain)
- Tax on investment accounts, if the aggregate value of all your investment accounts exceeds 500,000€ (0,15%/yr of the average value of the portfolios)
- Management fees of the trackers (0.30%/yr on average on which Easyvest does not receive any commission)
2. Life insurance
Life insurance contracts are is used primarily in pension planning and occasionally in estate planning. They can take the form of CIPA, PIPA, FSP, NIHDI contracts, pension savings, long term savings, group insurance and non-tax life insurance.
Two types of fees are charged on a life insurance contract:
- A single entry fee for the payment of each premium
- An annual management fee on the value of the contract.
2.1 Entry fees
The entry fees are applied on each premium paid for contracts offered by Easyvest and decrease with the amount of the premium:
| You pay a premium of | The entry fee charged is |
|---|
| 0 € - 10.000 € | 1,00% of the premium tax incl. |
| More than 10.001 € | 0,50% of the premium tax incl. |
2.2 Management fee
Life insurance can consist of class 21 and/or class 23 for which different management cost are applicable:
Class 21
The management fees of the class 21 are proportional to the amount invested in the class 21 contract, with a minimum and maximum annual charge:
| Your class 21 is worth | Your management fee are |
|---|
| 9.600 € | 24 € /yr tax incl. |
| 9.601 € - 28.799 € | 0,25%/yr tax incl. |
| More than 28.800 € | 72 €/yr tax incl. |
Class 23
The management fees of the class 23 are proportional to the amount invested in the class 23 contract:
| Your class 23 is worth | Your management fee are |
|---|
| For all amounts | 1,5% /yr tax incl. |
The management fee of the equity tracker of our class 23 amounts to 0.4% per annum and is charged at the trackers level by its fund manager who does not pay any commission to Easyvest or its insurer.
2.3 Applicable tax regime
The Belgian tax administration applies a different deductibility and taxation for each type of life insurance contract. The tables below detail the applicable tax regime for each contract:
| NIHDI contract |
|---|
| Contribution on premium | 10% (entitles to an incapacity insurance) |
| Entry taxes | None |
| Tax advantage | 100% contributed by the NIHDI |
| Exit taxes | 22,17% of the capital paid at retirement:
- 3.55% NIHDI contribution
- 2% solidarity contribution
- 16,62% equivalent annuity tax (80% x 5% of capital paid X 10 years x 44% marginal tax rate x (100%-3,55%-2%))
|
| FSP - Free Supplementary Pension for the Self-employed |
|---|
| Entry taxes | None |
| Tax advantage | Deductible at 100% as a professional charge, i.e. no professional withholding tax or social contributions |
| Exit taxes | 22,17% of the capital paid at retirement:
- 3.55% NIHDI contribution
- 2% solidarity contribution
- 16,62% equivalent annuity tax (80% x 5% of capital paid X 10 years x 44% marginal tax rate x (100%-3,55%-2%))
|
| Social FSP |
|---|
| Contribution on premium | 10% (entitles to an incapacity insurance) |
| Entry taxes | None |
| Tax advantage | 100% deductible as a professional charge, i.e. no professional withholding tax or social contributions |
| Exit taxes | 22,17% of the capital paid at retirement:
- 3.55% NIHDI contribution
- 2% solidarity contribution
- 16,62% equivalent annuity tax (80% x 5% of capital paid X 10 years x 44% marginal tax rate x (100%-3,55%-2%))
|
| CIPA - Company Individual Pension Agreement |
|---|
| Entry taxes | 4,40% of the premium |
| Tax advantage | 100% deductible investment within the 80% rule |
| Exit taxes | Around 15,85% of the capital paid at retirement:
- 3,55% NIHDI contribution
- 2% solidarity contribution
- 9,45% tax (10% of capital x (100%-3,55%-2%))
- 0,85% municipal tax (0,9% of capital x (100%-3,55%-2%), varies per municipality)
|
| PIPA - Personal Individual Pension Agreement for the Self-employed |
|---|
| Entry taxes | 4,40% of the premium |
| Tax advantage | 30% deductible investment within the 80% rule |
| Exit taxes | Around 15,85% of the capital paid at retirement:
- 3,55% NIHDI contribution
- 2% solidarity contribution
- 9,45% tax (10% of capital x (100%-3,55%-2%))
- 0,85% municipal tax (0,9% of capital x (100%-3,55%-2%), varies per municipality)
|
| Group Insurance for Employees |
|---|
| Entry taxes | 13,26% of the premium:
- 4,40% Tax
- 8,86% NPO contribution
|
| Tax advantage | 100% deductible as a professional charge for the company |
| Exit taxes | Around 15,85% of the capital paid at retirement:
- 3,55% NIHDI contribution
- 2% solidarity contribution
- 9,45% tax (10% of capital x (100%-3,55%-2%))
- 0,85% municipal tax (0,9% of capital x (100%-3,55%-2%), varies per municipality)
|
| Pension savings |
|---|
| Entry taxes | None |
| Tax advantage | 30% of the amount invested deductible |
| Exit taxes | Around 9% of the capital paid at 60 years old:
- 8% tax
- 0,72% municipal tax (varies by municipality)
|
| Long-term Savings |
|---|
| Entry taxes | 2.00% of the premium |
| Tax advantage | 30% of the amount invested deductible |
| Exit taxes | 10% of capital paid at 60 years |
| Non-tax life insurance |
|---|
| Entry taxes | 2.00% of the premium |
| Tax advantage | No deductibility on premiums paid |
| Exit taxes | None, beyond 8 years of investment |
