IKZE

  • additional financial security for your retirement
  • low cost of running and servicing the account
  • possibility of inheriting funds
Smiling older people
Older man with tablet

What is IKZE

Older man with tablet
An Individual Retirement Security Account (IKZE) is used to save for retirement. IKZE contributions can be deducted from income tax. The rules and procedure for the deduction are set out in the personal income tax regulations.

How it works

IKZE is your individual securities account on which you deposit money up to set limits.

How to open an IKZE account

If you are our customer, you can use the ePromak Plus application. To do so, log in and select Applications > IKZE contract conclusion > IKZE contract conclusion application.

Key fees

FAQs

  • The money you accumulate in IKZE is subject to inheritance. You can designate the entitled persons who will receive the IKZE funds. If you do not designate eligible persons, the distribution of the inheritance follows the rules set out in the Civil Code.

  • Yes, you can withdraw the money you contribute to your IKZE at any time. However, certain restrictions apply.

    • you must withdraw all the money in one go
    • remember that the refund is subject to PIT according to the tax scale

  • The annual limit on IKZE contributions corresponds to 1.2 times the average projected monthly salary in the national economy for a given year. Its amount is specified in the Budget Act or the Budget Provision Act. If the respective laws are not passed, the drafts of these laws are taken into account. In 2025, the limit for IKZE contributions is PLN 10 407,60.

    Example I:
    Annual income <= PLN 120 000 gross
    Allowed annual contribution <= PLN 10 407.60
    Contribution made PLN 10 407.60
    Maximum tax relief 1249.00 PLN (10 407.60 PLN x 12%)

    Example II:
    Annual income > PLN 120 000 gross
    Allowed annual contribution <= 10 407.60 PLN
    Contribution made 10 407.60 PLN
    Maximum tax relief 3330.00 PLN (10 407.60 PLN x 32%)

  • You can transfer your capital to another financial institution. To do so, you must provide us with confirmation of the agreement with the institution to which you wish to transfer your IKZE account funds.