Poland investment accounts: IKE, IKZE, and upcoming OKI tax benefits

Poland offers several tax-advantaged investment vehicles for retirement and capital building, including IKE, IKZE, and the upcoming OKI.

IKE (Individual Retirement Account) allows investors to avoid the 19% capital gains tax (Belka tax) on profits, provided statutory withdrawal conditions are met. For 2026, the contribution limit is set at 28,260 PLN. While it does not provide immediate income tax deductions, it offers long-term tax relief on earnings.

IKZE (Individual Retirement Security Account) provides immediate tax benefits by allowing contributions to be deducted from annual income tax filings. Depending on the taxpayer's bracket (e.g., 12% or 32%), this can result in significant immediate savings. Upon qualified withdrawal after age 65, a 10% lump-sum tax is applied.

Starting January 1, 2027, the Personal Investment Account (OKI) will be introduced. This voluntary tool aims to exempt asset income from the Belka tax up to certain limits: 100,000 PLN for general savings and 25,000 PLN for a specific savings portion. However, assets exceeding these limits will be subject to an asset-value tax, which is projected to be 0.85% in 2027.