Economist sees great contradictions: Fratzscher: Traffic light financial plans are not solid

DIW chief economist Marcel Fratzscher finds the fiscal plans of the traffic light government highly contradictory. In particular, the financing of the social systems, such as the large item of pensions, is unclear. The SPD, Greens and FDP have proclaimed a “decade of investment in the future”. According to DIW President Marcel Fratzscher, the plans […]

Economist sees great contradictions: Fratzscher: Traffic light financial plans are not solid

DIW chief economist Fratzscher finds the fiscal plans of the traffic light government highly contradictory. In particular, the financing of the social systems, such as the large item of pensions, is unclear. The SPD, Greens and FDP have proclaimed a “decade of investment in the future”. According to DIW President Marcel Fratzscher, the plans of […]

Saving taxes: Voluntary pension contributions can be worthwhile

Retirement provision can also pay off for tax purposes. Anyone who pays pension contributions voluntarily can claim the expenses. What matters. Employees are usually compulsorily insured and can therefore usually not pay any additional voluntary contributions into the pension insurance. But there are exceptions, explains the Federal Association of Income Tax Aid Associations (BVL). Employees […]

Safest and most profitable investment: consumer advocates are calling for stock pensions

Because of the Corona and the climate, people tend to forget that pensions are not going well either. The subject has long been neglected – and is now falling on the feet of the new government. Because in order for the money to last in old age, a lot has to happen. For example, using […]

Bad financial literacy: When educational gaps run into money

We all use money. Dealing with it is not easy for everyone. Often there is simply a lack of knowledge. Frequent consequence: debt. But this trap can be avoided with simple means. Hand on heart: do you know what happens if your account slips into the red? Or which insurance is really important? No? You […]

BGH judgment on divorce: Ex-partner is free to choose pension insurance

After the end of a marriage, there are often arguments about money. A ruling by the Federal Court of Justice now shows that whoever pays maintenance cannot automatically determine how the money will be used. Those who receive pension maintenance from their ex-partner must invest the amounts received accordingly, but according to a ruling by […]

Voluntary submission: tax return can increase the basic pension

With the basic pension, long-term insured persons receive a surcharge on their mini-pensions. If you submit a tax return, you may be able to increase the surcharge. How does it work? The basic pension law has been in force since January 1, 2021. Pensioners who have worked for many years and earned below average are […]

Pension plans only for long-lived: When does pension insurance pay off?

For many people, private pension insurance is part of their old-age provision. After all, there are around 40 million contracts in Germany. But how long do insured persons need to get back the money they have saved? The answer to the question is terrifying. The principle of pension insurance is simple: the insured pay a […]

The parties’ plans: what happens to the pension after the election?

Most people suspect that the statutory pension could run out in old age. Because the pay-as-you-go system is on shaky legs. It would be interesting to know how the parties want to bring some stability to the matter. Here is the overview. Let’s start with the good news. The parties currently represented in the Bundestag […]