Calculator
IKE or IKZE? Tax relief and withdrawal calculator
IKE, IKZE and an ordinary brokerage account side by side – after all taxes: capital-gains tax on the ordinary account, a 10 % flat tax on IKZE withdrawals and none on IKE. With the IKZE relief saved every year, because only then is the comparison complete.
The best result comes from
IKZE + reinvested relief
- IKZE + reinvested relief689 349 zł
contributions deducted from income; 10 % flat tax on everything at withdrawal after 65
- IKE581 564 zł
withdrawal after 60 free of capital-gains tax
- Ordinary account518 567 zł
19 % capital-gains tax on the profit at sale
- Total contributions
- 250 000 zł
- IKZE tax refund per year
- 3 200 zł
- Relief over the years (with gains, after tax)
- 165 941 zł
- At 32 % fill IKZE first, then IKE. At 12 % the gap is small – IKE gives a tax-free withdrawal with more freedom.
Indicative result – not a loan offer or investment advice. Statutory and market parameters checked on 2026-10-10.
An indicative tool: the result is an order of magnitude on your assumptions, not a valuation or tax, legal or investment advice. Data entered into the form is never sent or stored anywhere.
| 2026 | Contribution limit | Tax |
|---|---|---|
| IKE | PLN 28,260 | none if withdrawn after 60 |
| IKZE (employees) | PLN 11,304 | income-tax relief; 10 % on withdrawal after 65 |
| IKZE (self-employed) | PLN 16,956 | as above |
How it is computed
- 1Same contribution, three accountsAn annual contribution at the start of each year, the same return. IKE: final value tax-free. IKZE: final value minus 10 %. Ordinary account: final value minus 19 % of the gain.
- 2Relief that worksThe IKZE tax refund (contribution × your rate) goes to an ordinary account every year and grows too. Without that IKZE would look worse than it is – the relief is real money, as long as it is saved, not spent.
Frequently asked questions
What is the 2026 IKZE limit?
PLN 11,304 for employees and contractors, PLN 16,956 for the self-employed. The 2026 IKE limit is PLN 28,260. 2027 limits will be announced in November 2026.
How much is the IKZE relief really worth?
Contribution × your tax rate: at the full PLN 11,304 limit that is about PLN 1,356 back at 12 % and about PLN 3,617 at 32 %. On the 19 % flat tax – about PLN 2,148.
Can I have both IKE and IKZE?
Yes – one IKE and one IKZE per person, each with its own limit. Either can be a brokerage account, a fund, a deposit or a treasury-bond account.
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