A life for the treasury It’s finally here, the well-deserved pension, the much longed-for retirement, the end of all obligations, finally never having to pay taxes again. Well, not quite. The taxation of earned income is naturally followed by the taxation of pensions, or as Father State calls it, the taxation of retirement income. For […]
Artikel zum Thema: Pension
Will the pension fall to basic security level?
Anyone who is employed as an employee until the age of 67 with a continuous income can expect to receive a net pension amounting to 50 percent of the last net income in the not too distant future, if he or she becomes a pensioner. This allows the average wage earner to live a dignified […]
Pension commitment and insolvency
Insolvency application risk for pension commitments The so-called pension commitment or direct commitment is a common and extremely popular pension provision concept for managing directors, especially in medium-sized companies. Thousands of times thought of as a retirement provision for leading employees, this “tax savings model” was gladly recommended by tax consultants all over Germany and […]
Hopes of bankruptcy-proof provision via a basic pension/ürup pension vanish into thin air
– How creditors can seize complete assets – even without surrender value -. In 2015, the basic pension, also known as the Rürup pension, will be even more tax-deductible – up to €22,172 instead of the previous €20,000; for married couples, this amount will double. An employee of the German Insurance Association, who is […]
Customers can terminate Rüruprenten and basic pensions at any time
– How insurers use ineffective terms and conditions and sales lies to cancel contracts – New ruling by the Federal Court of Justice confirms general terminability The Federal Court of Justice (BGH judgement of 01.12.2011, ref. IX ZR 79/11) recently ruled: The saved capital in Rürup contracts (also known as basic pensions) is generally not […]
How retirement income and pension increases can be designed at an early stage
In the last up to more than 35 years, people’s parties have more than halved the statutory net pension level. The cost of an equally high funded pension in safe government bonds has approximately tripled as a result of political decisions. subscribers of Basic income support – most of which is not applied for by […]
Pre-programmed old-age poverty despite additional private provision by those with compulsory insurance
– Why average earners only have prospects of receiving a basic security pension – Anyone who is employed as a worker with a continuous income until the age of 67 can expect to receive a net pension amounting to 50% of their last net income when they retire in the not too distant future. […]
BGB-Leibrenten as the better alternative to private pension insurance
In some city archives historians find records of an annuity purchase – like these. What is behind it and what does it mean for us? Since then In the 13th century, the purchase of annuities was the predominant credit business of the Middle Ages. The future pensioner bought the right to receive a life […]
Retirement provision benefits companies and employees – savings pot for medium-sized companies
More than ever before, every German citizen is responsible for his or her own retirement provision. The benefits of the statutory pension are by far not sufficient to even come close to maintaining the accustomed standard of living at retirement age. Even the Retirement Assets Act (AVmG) passed on 11 May 2001 is only […]
Old-age poverty: European countries expropriate pension savers
– How political decisions lead to impoverishment – Poverty in old age is increasingly being taken up by the media as an issue. However, this phenomenon is homemade, and it seems to have even been accepted. After all, it has been ongoing political decisions for more than 20 years that have reduced the statutory […]