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PPR Contribution Credit

Legal basis
Art. 21 EBF
Benefit key
pprCredit

What it does

Contributions to a Plano Poupança-Reforma (PPR) generate a 20% IRS credit, capped by age:

To get the maximum credit, contribute €2,000 (under 35), €1,750 (35–50), or €1,500 (over 50).

Watch-outs

Early withdrawals (before retirement, illness, or other allowed events) trigger clawback of the credit plus penalties.