Varia | Horizon65

What is TER?

TER is a shorthand for total expense ratio and is the industry standard for comparing annualized costs.

Can I adjust my contributions?

Yes, you can adjust your contributions at any point in time.

Can you help me tax-optimize my investment?

Yes, our experts are able to point out which investment plans have tax advantages and which one do not. In the app you can also se...

Why would I pay a fee if I can do it myself?

Our application is designed to enable you to do everything on your own, from the exploration of investment possibilities, comparin...

Can I choose my own ETFs?

Yes, the solution we recommend has more than 800 ETF’s that you can chose from.

How is my money protected?

Any investment you can contract through our app is offered by a BaFin regulated firm. As such, the firm will have many safeguards ...

Are you independent?

Yes, we have no affiliation with any provider and we often recommend combinations of different providers to achieve desired goals ...

Do you also offer traditional plans?

Yes, as an independent broker we can offer any plan on the market and given our technology we are able to rank them for most benef...

How do I pay the fee?

The setup fee can be paid separately or it can be deducted from your initial monthly payments. If you are not able or willing to p...

How do I claim the tax refund?

If you have chosen a solution that qualifies for a tax refund, then you will receive an annual certificate for the tax authorities...

What is the potential annual tax refund?

The government allows you to tax-deduct retirement investments that meet certain criteria, should you pick this solution then for ...

How are the numbers calculated?

These are examples based on our average client which is a high-income, earning 75k per year, 32 year old working and living in Ger...

Why don’t you do stocks and crypto?

The science of long-term forecasting does not work when dealing with individual investments such as shares and crypto. By definiti...

What about sustainability?

As a company we don’t take position on what you should or should not invest in. The app includes both sustainable and traditiona...

How do you guarantee the quality of your team?

Great question, we prefer to hire senior people with years of industry expertise but also with mindset to help the client. We take...

Is Horizon65 regulated?

Yes, we are licensed to operate as an investment broker.

Does Horizon65 manage my money?

No, we do not manage your money. Any investment you can contract through our app will be a BaFin regulated firm. This firm will ha...

What happens if Horizon65 goes bankrupt?

Should Horizon65 cease to exist then your finances are not affected, we only provide calculation and act as a point of contact to ...

Which part of the Schufa information is for the landlord?

The landlord only needs a simple Schufa information leaflet of the future tenant. This can be requested for free online. Do you wa...

How do I calculate additional costs as a landlord?

The landlord can pass on additional costs through the “Nebenkosten” to the tenants. These additional costs have to be calculat...

How is building insurance passed on to the tenant?

Usually, the landlord pays building insurance and it can not be passed on to the tenant. Do you want to protect yourself against m...

What is cold and warm rent?

In Germany, tenants pay a basic rent known as a “Kaltmiete” (cold rent) as well as additional costs. The additional costs, war...

Who is looking for an apartment to rent in Germany?

There is a general housing shortage in Germany. Depending on the type of real estate it can very between different groups of indiv...

Who benefits from inflation?

Money loses value overtime due to inflation. Individuals who benefit from inflation are in particular are debtors – someone ...

How much return with ETF?

ETFs depict a certain index. This means the return of the ETF depends on the development of the index. As each ETF represents a di...

Which costs are passed onto tenants in Germany?

In Germany, tenants pay a basic rent and additional costs. These additional costs are called “Nebenkosten”, and can include he...

How can I save money on a monthly basis in Germany?

The easiest way to save money on a monthly basis is with an ETF investment plan. An ETF pension plan is the best option if you wan...

What to do against inflation?

Normally, inflation is depicted in percentages and shows how much the prices of services and goods have increased. To combat infla...

What is a mortgage in Germany?

In Germany, a mortgage, known as “Hypothek” or “Hypothekendarlehen,” is a loan provided by a bank or finan...

Who pays property tax in Germany – the renter or the landlord?

Property tax is set as an operating cost and can therefore be passed on to the tenants as ancillary costs. Do you want to calculat...

When is rental income subject to sales tax in Germany?

As soon as the annual profit exceeds €17,500. Under this, the landlord is considered a small business owner according to §19 US...

When is rental income commercial in Germany?

Rental income is determined as commercial income in Germany in two ways. Either you are an organisation that rents out, or if the ...

How is inflation measured?

The inflation rate in Germany is calculated by the Federal Statistical Office using the consumer price index (CPI). The CPI measur...

When does the landlord have to pay back the deposit in Germany?

The landlord must pay back the deposit within a reasonable time. The absolute maximum is six months. The landlord can hold back th...

What is a yield?

A yield in the context of investments shows the investor exactly how much their investment has grown in a timewindow. A yield is c...

How much rent can I afford in Germany?

Rental costs in Germany are separated into basic rent and ancillary costs (household bills). Together these two cost types make up...

What insurance do you need as a tenant in Germany?

As a renter, you need household contents insurance, liability insurance, legal expenses insurance and rental deposit insurance in ...

How much rent can I ask for?

The amount of rent you as a landlord can ask for depends on multiple factors. The three major factors influencing rental price are...

can I take my private pension and still work?

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

can I take all my private pension at 55?

Yes, if you want to do so.

can I take a lump sum from my private pension?

Yes, this is always possible. To use the tax benefits, however, it would be necessary to own the plan for more than 12 years and w...

can I sell my private pension?

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

can I have a work pension and a private pension?

Why not? IF you have enough income to finance them both, there is no problem with using them at the same time.

can I get state pension and private pension?

Of course! Both pensions are not directly related and be used at the same time. There are no negative repercussions to doing so.

can I get my private pension early?

Yes, that is very much possible and can be done at any point in time.

can I claim on my husband’s private pension after divorce?

In the event of a divorce, unless specified otherwise in the marriage contract, the pension entitlements earned during the marriag...

can I claim my ex-husband’s private pension?

Unless the couple has agreed otherwise in the marriage contract, the pension entitlements that arose during the marriage are share...

can I cash in my private pension early?

The choice to tap into your private pension may seem enticing, but caution must be exercised. The forfeiture of tax benefits and t...

can I cash in my private pension before 55?

In Germany, you have the option to receive your private pension insurance payout before the age of 55. However, this option may re...

can I cash in my private pension at 55?

The temptation to unlock the vault of your private pension may be great, but beware, dear reader. Forfeiting tax benefits and incu...

can I cash in my private pension?

In Germany, you can choose to receive your private pension insurance payout earlier than planned. However, this choice may result ...

can I access my private pension early?

Yes, you can access your private pension at any time, but keep in mind that you may forfeit some tax advantages and may have to pa...

can a private pension be passed on to a child?

Not directly. But is usually no problem to give the capital from the contract to your child or other heirs. Provisions in this dir...

are private pensions worth it?

Yes, private pensions are one of the best options to build your own old-age provision. They combine flexibility and tax benefits a...

are private pensions taxed?

Yes, they will be taxed. But you can use several benefits to reduce your burden.

are private pensions taxable?

Yes, a private pension will be taxed. But the used rate can be far lower than the one used for an investment without this framewor...

are private pensions protected uk?

Private pensions in the UK are protected by the Financial Services Compensation Scheme (FSCS), the Pension Protection Fund (PPF), ...

are private pensions index linked?

No. Private Pensions themselves are not index-linked. But it is possible to use them to invest in index-based assets like ETFs.

are private pensions going up?

If a private pension goes up, depends on the used investments. A main benefit of the private pension is its flexibility. But this ...

are contributions to private pension tax deductible in Germany?

No. In Germany, the contributions to a private pension are not tax-deductible. However, it is possible to receive a substantial ta...

when can I access my private pension?

The access to private pension is always possible. At any time can this contract be dissolved, and the money used for other purpose...

what is a private pension plan?

A private pension is a savings plan. By paying money into this contract and reinvesting profits, it will over the time accumulate ...

what happens to your private pension when you die?

Since it is your private property, it usually falls into your estate and can be paid to your heirs.

what happens to private pension when you die?

The money left will go to your heirs. However, some people willingly waiver this arrangement, to receive a higher payout during th...

what happens to my private pension when I die?

Unless you insisted on a different regulation, the remaining capital will be paid to your heirs. As it is part of the estate.

is private pension taxable?

Yes, a private pension will be taxed. However, if you hold the plan for more than 12 years and are over 62, you can save up to hal...

how to start a private pension?

The best way to start a private pension, is to contact a dedicated financial advisor, like Horizon65. We can help you find the bes...

how to set up a private pension ?

The best way to start a private pension, is to contact a dedicated financial advisor, like Horizon65. We can help you find the bes...

how to get a private pension?

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...

how do private pensions work?

You pay a certain amount into your pension contract once or monthly. This is invested and the profit reinvested. When you retire, ...

can I withdraw my private pension early?

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

what is a private pension?

By definition, private pension insurance is not insurance in the strict sense, but rather a savings plan. You pay certain contribu...

How interest rates affect a currency?

Interest rates can have a significant impact on a country’s currency. When a country’s central bank raises interest ra...

How does quantitative easing affect interest rates?

Quantitative easing, or QE, can affect interest rates in a few different ways. When a central bank engages in QE, it buys financia...

How does deflation affect interest rates?

Deflation can have a significant impact on interest rates. When prices are falling, it can lead to a decrease in demand for goods ...

How does the central bank control interest rates?

The central bank controls interest rates through a variety of tools, including open market operations, the discount rate, and rese...

Does expansionary monetary policy increase interest rates?

Expansionary monetary policy can lead to an increase in interest rates, but it depends on the specific circumstances. When a centr...

What is the ecb interest rate?

The European Central Bank (ECB) interest rate, also known as the “main refinancing rate,” is the rate at which the ECB...

What happens when interest rates increase?

When interest rates increase, borrowing costs for businesses and consumers also increase. This can lead to slower economic growth,...

How money supply affects interest rates?

The money supply refers to the total amount of money available in an economy at a given time. When the money supply increases, the...

How to calculate cpi inflation?

“To calculate the Consumer Price Index (CPI) inflation, take the current CPI and divide it by the CPI from a previous period...

How does money supply affect interest rates?

The money supply, or the amount of money available in an economy, can affect interest rates. When the money supply is high, intere...

Why increase interest rates?

Interest rates are increased by central banks, such as the Federal Reserve, to control inflation and stabilize the economy. When i...

What is a good interest rate on a credit card?

A good interest rate on a credit card is typically below 15%. However, the average credit card interest rate is around 17%. ItR...

Which interest rates does the fed control?

The Federal Reserve (Fed) controls the federal funds rate and the discount rate. The federal funds rate is the interest rate at wh...

How does the money supply affect interest rates?

The money supply, or the total amount of money in circulation in an economy, can affect interest rates in several ways. An increas...

When does the fed change interest rates?

The Federal Reserve (Fed) changes interest rates at the Federal Open Market Committee (FOMC) meetings, which occur about eight tim...

What is a fixed interest rate?

A fixed interest rate is a rate at which the interest on a loan or deposit account is set at a specific percentage for the entire ...

Are home equity loans tax deductible?

No, you cannot deduct a loan or the interest of a loan from the tax. Only rental properties allow the deduction of the interest pa...

Buying a car is tax deductible?

Yes, but only company cars and cars used for commercial purposes can be written off. If you buy a car for private use only then th...

Are estate planning fees tax deductible?

No, because the will and estate are private matters for the testator. The Notary fees are not tax deductible.

Is car repair tax deductible?

In general, car repair expenses are not tax deductible as a personal expense. However, if you use your car for business purposes, ...

Is pet care tax deductible?

Some expenses for pet care may be deducted as part of “household-related services”. But please be aware that certain items, li...

Are capital gains tax deductible expenses?

In Germany the capital gains tax “Abgeltungsteuer” does not allow the deduction of expenses. If you want to do it, all capital...

When can I retire after cancer?

If you can no longer work or can only work to a limited extent after cancer, you can apply for a reduced earning capacity pension....

How much pension do I get

Your pension amount in the SPS depends on the following factors: contributions paid, duration of payments and retirement age. Howe...

When does the occupational disability pension take effect?

Occupational disability insurance always pays out if a doctor or expert declares you to be at least 50% unable to work and this is...

Does a pension fund or pension scheme also include a disability insurance?

“Here it is worthwhile to look closely – protection against occupational disability is basically part of the services ...

Get started with Horizon65

Secure your financial future

Frequently asked questions