We continue to get older. Every year, the ratio between employees and pensioner worsens. The result: the level of pension continually decreases and much too little is left over during retirement in order to be able to live without a care. Private Pension Insurance is therefore absolutely recommendable – it levels out the decreasing pension benefits and safeguards your standard of living.
With Pension Insurance for a Single Premium, you clearly invest a larger amount before your retirement. Your money is then secure and lucrative. Upon expiry, you may decide of you would prefer to receive a lump-sum benefit or a life-long pension.
Pension payments within the scope of life-long annuity are only subject to tax based on the personal tax rate for the profit share of the annuity. Since 2005, 18% of the pension is taxable at the start of pension at the obligatory retirement age.
Should you decide on a one-time lump-sum settlement once taking the lump-sum option, however, the yield is generally fully taxable. Should the lump-sum benefit be paid at the age of 60 years and following a contract period of at least 12 years, only half of the yield is taxable.
The tax regulations apply to the classic and funds-bound pension insurance in equal measure.
Our benefits are your advantages
- High yields through attractive, guaranteed interest
- Option between lump-sum benefit or life-long pension
- No medical examination required