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Since 2005, pensions in the Federal Republic of Germany have been partially taxable. The amount of the taxable portion depends on the year of retirement. All pensioners who first received pension payments in 2005 or before only have to pay tax on 50 percent of the pension. If they retire thereafter, the taxed share increases by two percentage points each year, and since 2021 by one percentage point per year. All pensioners who draw their pension for the first time in 2040 or thereafter must pay full tax on it.
Our experts are familiar with the tax-implications of most investments available and can also inform you about other tax-deductibles that you could take advantage of.
You can simulate those investments in our mobile app alongside inflation and interest rates.
We regularly help our clients optimizing their investments for tax-efficiency.
Get in touch with our experts to review your options.
Download our app and start gaining insight into your current and future finances.
