Frequently asked questions

Will the use of multiple private pensions is doubtful, there is no limit regarding the number of contracts you have. You can also ...

Since a private pension is a completely private contract, it is fully independent of your employment or workplace.

This depends on the investments you choose for your pension. Some, like bonds, will not grow. While others may profit from inflati...

No, a company pension and a private pension are distinct and cannot be converted into each other. However, you have the option to ...

Yes, this is always possible. To use the tax benefits, however, it would be necessary to own the private pension plan for more tha...

That is not directly possible. But you can quit the private pension contract and receive the capital as an immediate payout.

Without a problem! While both serve the same purpose, they do not hinder each other and be used at the same time. There are no neg...

This is not a problem. If you move to another country, you can still use your private pension and get paid later. But, you should ...

In Germany, most insurance companies and banks offer their own version of a private pension. But it would be good to talk with a d...

Yes, it is possible to withdraw your private pension anytime. However, you may lose some of the tax benefits. It is also possible ...

A private pension can be invested however you want. This may include risky assets, if you choose so. Such a pension is of course n...

Yes, in Germany it is possible to receive the pay out of your private pension insurance early. However, you will miss out on a few...

This depends on the actual contract. Generally, however, the money still contained in the contract is added to the estate and paid...

As a completely private contract, your private pension is in no way dependent on your work or retirement. If you work or not is of...

No, there is no relation between the private pension and your state pension.

A registered pension scheme is a special kind of pension insurance. In exchange for tax benefits, it follows rules set out by the ...

An investment arrangement with the stated purpose of financing and later supplying retirement income (pension) to you or your love...

The pension insurance secures your old-age income, and in Germany they are heavily tax-incentivized to enable you to supplement yo...

A pension insurance is an investment contract. You invest your money and in return, you will receive a pension in old age or have ...

A pension insurance is an investment contract. You invest your money and in return, you will receive a pension in old age. There i...

Pension insurance is a special form of life insurance. A distinction is made between statutory pension insurance GRV (“old-a...

There is no single best answer to this question, because there are numerous forms of old-age provision. And depending on your situ...

The pension allowance describes the proportion of the pension which does not have to be taxed.