What does YEL insurance cost?

The amount of your YEL insurance contribution is based on your confirmed YEL earned income and your age. You'll get the most accurate estimate of your insurance contributions by using the YEL calculators found on the websites of pension insurance companies, such as our partner Ilmarinen.

In addition, keep the following in mind regarding YEL insurance:

• New entrepreneur discount: You get a 22 % discount on contributions for the first 48 months (4 years).
• Tax deduction right: YEL contributions are 100 % tax-deductible, either in your own personal taxation or as a business expense.