Pensions for those who are self-employed
Savings that are suitable for freelancers, those with sole proprietorships or who run a business in addition to having a job.
Save for your own pension
Being self-employed has its benefits, but in terms of pensions, it’s not a major advantage. To ensure you get a retirement pension in addition to the National Insurance Scheme it’s therefore up to you to sort this out. With a defined contribution pension you can get up to 50 per cent of your savings in tax deductions. The more you take out in salary, the more you save in tax. You can save up to 7 per cent of your salary for your pension.
Who is this suitable for?
This is a form of saving that is best suited to self-employed people, freelancers, people with sole proprietorships or who run a business alongside their job.
- We recommend starting this savings scheme if you have a salary of 7.1G or higher. (G stands for the National Insurance basic amount.)
- If your salary is below 6G, you still need to save for your pension but in your case, other savings products are more suitable, for example mutual funds.
The National Insurance basic amount (G) as of 1 May 2021 is NOK 106 399.
The savings app Spare
In the Spare app you can start pension savings yourself with mutual funds and shares. You can also buy, sell and switch equity funds and shares as you go.
Frequently asked questions about pension for self-employed people
As a self-employed person it’s your own choice whether or not to enter a pension agreement.
You can then get a defined-contribution pension with savings limited to 7 per cent of your basic salary.
If you take on employees, the business is still required by law to set up a pension agreement. As a self-employed person you can decide whether or not you want to enter the agreement on the same terms as the employees.
It’s not possible to have a scheme that is better than the other employees in the business.
Our pension products
Defined contribution pension
Statutory savings made easy
Defined contribution pension and occupational injury insurance
Package covering the statutory requirements
Disability pension
Ensures payment in the event of long-term illness or disability
Executive pension
Give managers and key staff the pension they deserve
Pension for those who are self-employed
Ensure saving towards your pension