Spanish pension calculators

PPE Tax Efficiency Calculator

How much can I contribute, and what is the real value?

Understanding Contribution Limits

This calculator helps you estimate the tax benefits of contributing to your company’s pension plan (PPE).

Base Limit: Every individual has a global tax-deductible limit of €1,500/year.
Employer Limit: Employers can contribute up to €8,500/year tax-free.
Combined Limit: The total cannot exceed €10,000/year.

Your Details

Annual Gross Salary (€)

Employer Contribution (€)

Your Contribution (€)

Contribution Breakdown

Employer Contrib (Tax-Free): €0

Multiplier Applied: 0.0x

You Contributed: €0

*Calculation uses standard Spanish IRPF brackets.

Financial Efficiency

Total Added to Pension: €0

Your Cash Outlay: €0

Total Tax Value (Credit): €0

*Tax saved on total pot vs. taking as cash salary.

Effective Net Cost to You

€0

Reduction in annual take-home pay.

Reference: 2024/2025 Coefficient Limits

Employer Contribution	Employee Limit Formula
€0 – €500	Employer Amount x 2.5
€500.01 – €1,500	€1,250 + 0.25 x (Employer Amount – €500)
> €1,500	Employer Amount x 1.0 (Max total €10k)

2. PPE Performance Checker

Does it make sense to take my employer’s pension plan or skip it and invest elsewhere?

Walkthrough: How to use this tool

Enter your Pre-Tax / Gross Salary: This determines your estimated income tax bracket.
Enter your Contributions: Add how much you plan to save annually and any “free money” from your employer.
Compare Options:
- Option A (Pension): Assumes your full contribution is invested (Pre-Tax).
- Option B (Low Cost Investment Fund): Assumes income tax is paid first, so a smaller net amount is invested (Post-Tax).
Check the Result: See which option accumulates more total value by the time you retire.

Note: Results show accumulated value BEFORE exit taxes. Actual net income depends on residency and rules at retirement.

Your Profile

Gross Annual Salary (€)

My annual contributions (Gross €)

The total gross amount you wish to allocate per year.

Employer Contribution (Annual €)

“Free money” (Only for Option A)

Years until retirement

Assumptions

Option A: Pension Annual Growth (%) Annual Fee (%)

Option B: Fund Annual Growth (%) Annual Fee (%)

Option A: Spanish Pension

Invested: Pre-Tax (Gross)

(€1,500/yr)

Total Accumulated Value:

€0

Option B: Low Cost Investment Fund

Invested: Post-Tax (Net)

(~€945/yr)

Total Accumulated Value:

€0

3rd Pillar Performance Checker

Private Pension Plan (PPI) vs. Self-Invested Fund

Walkthrough: How to use this tool

Enter your Pre-Tax / Gross Salary: Determines your estimated income tax bracket.
Enter Annual Contribution: Max €1,500 (Global limit for all pension plans).
Compare Options:
- Option A (Private Pension): Pre-Tax investment (Tax Deductible).
- Option B (Self-Invested): Post-Tax investment (No Deduction).

Note: This calculation assumes the standard €1,500 limit applies. Remember this is a global limit shared across all your pension plans.

Your Profile

Gross Annual Salary (€)

Annual Contribution (Gross €)

Max €1,500/year.

Years until retirement

Assumptions

Option A: Private Pension Annual Growth (%) Annual Fee (%)

Option B: Fund Annual Growth (%) Annual Fee (%)

Option A: Private Pension (PPI)

Invested: Pre-Tax

(€1,500/yr)

Total Accumulated Value:

€0

Option B: Self-Invested

Invested: Post-Tax

(~€945/yr)

Total Accumulated Value:

€0

Autonomo Pension Checker

Simplified Employment Plan (PPES) vs. Self-Invested Fund

The “Autonomo” Boost

Self-employed workers can now access “Simplified Employment Pension Plans” (PPES) to increase their tax shield.

Total Limit: Up to €5,750/year (Standard €1,500 + €4,250 Autonomo Bonus).
Constraint: Contributions cannot exceed 30% of your Net Operating Income.

Your Profile

Net Annual Operating Income (€)

Your “Rendimiento Neto” from economic activity.

Annual Contribution (Gross €)

Years until retirement

Assumptions

Option A: PPES Plan Annual Growth (%) Annual Fee (%)

Option B: Fund Annual Growth (%) Annual Fee (%)

Option A: PPES Plan

Invested: Pre-Tax

Total Accumulated Value:

€0

Option B: Self-Invested

Invested: Post-Tax

Total Accumulated Value:

€0