The perfect pension plan
The perfect pension plan, that is a great name, right? Here is how it works: This system not only allows you to be well off when you retire, it also uses the German tax system to your advantage to achieve that goal in the most effective way. In this system, you have the combination of […]
Additional services in a Pension plan
Besides the tax advantage and the stable lifelong pension, why should you do a pension plan? The insurance has some services that make your life a lot easier: One of the key advantages of pension plans is the range of additional services that insurance companies offer to make your life easier. These services can help […]
Level 3 Pension: The Flexible Pension Plan
When you are looking to invest money with a good interest for your retirement and get a huge tax break from the government on top of that, the level 3 flexible pension plan might be very interesting for you. Table of Contents How the level 3 Pension works The level 3 Pension works as follows: You […]
42% Tax-refund with the Rürup-pension – How to save taxes with private pension plans in Germany
When you make over 60k a year, the Rürup-pension plan (also called Base pension) is very interesting for you, because you can deduct 100% of the contributions from your income tax. Table of Contents High Income = High tax-refund The reason that is so attractive is that in Germany we have a progressive tax system, […]
Private Pension Plans in Germany: All government benefits explained
When it comes to planning for your retirement in Germany, there are a variety of options available to you. The German government offers significant benefits when you save for your retirement, and these benefits are organized into three different brackets, each with its own advantages and disadvantages. In this article, we will give you an […]
What is the most effective way to save for retirement?
When you put money aside for your retirement, you need to invest that money somewhere. Btw: With the help of a good advisor, you get massive tax breaks doing that. The problem with many traditional „investments“ such as bonds, gold, and savings accounts, is that the interest is very low. In absolute numbers, there are […]
Why is planning for your retirement in Germany so important, especially for Expats
After reading this blog, you will have a better understanding about how the German pension system works, why you need to become active for your own retirement plan and how you can do that in the most effective way. Table of Contents We all get old. And most people after a certain age no longer […]