No insurance wrapper, no hidden costs. Germany's new Altersvorsorgedepot is the Riester successor with full market returns, invest directly in ETFs with state subsidies.
Sign up for updates on the Altersvorsorgedepot, we'll let you know as soon as you can open yours.
The key facts about Germany's new retirement depot at a glance.
Up to €540 basic allowance per year directly into your depot, 50 cents per euro invested up to €360, then 25 cents up to €1,800. Earnings grow tax-free.
Existing Riester contracts can be transferred to the new depot from 2027, all received subsidies and tax benefits are fully preserved.
Savings plan or lump sum from €10/month. Your money flows directly into ETFs and grows with the market, no capital guarantee required.
Calculate your projected additional pension from the Altersvorsorgedepot.
Basic Allowance / Year
540 €
Child Allowance / Year
0 €
Tax Benefit / Year
162 €
Depot at Retirement
487.532 €
Net Monthly Pension
1.975 €
* Based on the government draft of the retirement reform act. Projection uses 7.5% p.a. (MSCI World) and considers the partial income method in the payout phase (age 67–85). Not financial or tax advice.
Have Questions About the Altersvorsorgedepot?
Get to know our team with no obligation and explore how Germany's new retirement depot could fit into your personal financial plan.
You contribute, the state adds subsidies on top. Capital gains, dividends, and interest grow tax-free, no capital gains tax, no advance lump sum tax.
30% as lump-sum withdrawal possible, remainder as monthly withdrawal plan. Taxed only at the then-lower retirement tax rate.
€540
annually from the state as basic allowance (max.)
€300
per child/year + one-time €200 for under-25s
€175
low-income bonus additionally (under €26,250 gross)
Contributions: Up to €1,800 own contribution per year is subsidized.
Payout from 65: 30% as lump sum possible, rest as monthly plan (until at least 85).
Early withdrawal: Subsidies are forfeited (exception: purchase of owner-occupied property).
Tax: Taxation only in retirement at usually lower tax rate.
Sign up for updates on the Altersvorsorgedepot, we'll let you know as soon as you can open yours.
The planned Altersvorsorgedepot aims to be more attractive and flexible than Riester and Rürup.
| Riester | Rürup | Altersvorsorgedepot (Draft) | |
|---|---|---|---|
| State subsidies | |||
| Tax deduction via income tax | |||
| Deferred taxation from retirement | |||
| Withdrawal before retirement | Only with loss of subsidies | ✕ | Only with loss of subsidies |
| Lump-sum at retirement | Max 30% | ✕ | Max 30% |
| Monthly pension after retirement | Mandatory, at least until 85 | Mandatory, lifelong | Mandatory, at least until 85 |
| Own selection of securities | Choose yourself or use standard depot | ||
| Capital guarantee | Mandatory | Not mandatory | Not mandatory |
| Return potential | Low to medium | Low to medium | Medium to high |
Have Questions About the Altersvorsorgedepot?
Get to know our team with no obligation and explore how Germany's new retirement depot could fit into your personal financial plan.