OKI, IKE or IKZE? Differences and taxes
Three accounts taxed three ways: OKI from 1 January 2027, IKE and IKZE. The rules straight from the acts and the limit announcements, with a source for every number. We don’t say which to pick: that depends on your plan.
OKI
No Belka tax on gains. A yearly tax on the average asset value above the exemption.
- The act comes into force
- 1 January 2027
- Minimum age (years)
- 18
- Gains outside the PIT act (no Belka)
- Yes
- Asset value tax rate in 2027
- 0.85%
- Later the rate is this share of NBP's reference rate
- 19%
- Exemption for złoty cash and savings bonds
- 25,000.00 zł
- Exemption in all, with Polish shares and złoty bonds
- 100,000.00 zł
IKE
Gains free of Belka tax when you withdraw after meeting the conditions. A yearly contribution limit.
- IKE contribution limit for 2026
- 28,260.00 zł
- Gains on IKE exempt from tax
- Yes
- IKE: tax-free payout from the age of
- 60 years
- IKE: age with pension rights
- 55 years
- IKE: calendar years with payments, at least
- 5
- IKE: tax on the gain on an early withdrawal
- 19%
IKZE
Contributions are deducted from income in PIT. A flat tax on the whole payout.
- IKZE contribution limit for 2026
- 11,304.00 zł
- IKZE contribution limit for 2026 for the self-employed
- 16,956.00 zł
- IKZE payments reduce your taxable income
- Yes
- Tax on an IKZE payout
- 10%
- IKZE: payout at the payout tax from the age of
- 65 years
- IKZE: calendar years with payments, at least
- 5
- IKZE: early withdrawal taxed as income on the scale
- Yes
Frequently asked questions
How does an OKI differ from an IKE and an IKZE?
An OKI has no Belka tax on gains, but every year you pay a tax on the average asset value above the exemption, even in a loss year: in 2027 the rate is 0.85%. In an IKE the gains are free of Belka tax if you withdraw after turning 60 years and meet the contribution conditions. In an IKZE you deduct contributions from income in PIT and pay 10% of the whole amount when you withdraw after turning 65 years.
OKI or IKE: which pays off more?
That depends on your plan: the return, the horizon and what you invest in. An OKI is taxed every year on the asset value, while IKE and IKZE are settled at payout. Compare your OKI plan with a regular account in the OKI calculator, and your IKZE tax refund in the IKZE calculator.
When does the OKI start?
The OKI act takes effect on 1 January 2027. Anyone who has turned 18 years can open an OKI.
What are the IKE and IKZE contribution limits in 2026?
In 2026 you can pay up to 28,260.00 zł into an IKE and up to 11,304.00 zł into an IKZE.
See also
This page describes the rules of the act on personal investment accounts and is not tax advice. Only financial institutions that meet the act's requirements run OKI accounts; Broksy does not.
We compare broker services. This is not investment or tax advice.