Riester Rente: The Costly Reality of Kündigung and the Advantages of Stilllegung

Friday, 6 September 2024, 07:10

Riester Rente is a crucial component of Altersvorsorge in Germany. Kündigung can be costly, while Stilllegung often presents a better alternative for savers seeking to maximize their Zulage. This article explores the differences and offers insights into managing your Riester Rente effectively.
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Riester Rente: The Costly Reality of Kündigung and the Advantages of Stilllegung

Understanding the Riester Rente

Riester Rente is an important savings option for retirement in Germany. It offers attractive Zulagen provided by the government to encourage individuals to save for their future. However, savers often face a dilemma when considering Kündigung or Stilllegung of their contracts.

Kündigung vs Stilllegung: What You Need to Know

Kündigung of a Riester Rente contract can lead to hefty fees and loss of benefits. In many cases, Stilllegung, or suspension, becomes a more favorable option, allowing individuals to retain their rights to future Zulage while avoiding immediate penalties.

Factors to Consider

  • Financial Impact: Assessing the long-term financial implications of Kündigung versus Stilllegung.
  • Options for Return: Understanding how the Deutsche Rentenversicherung (DRV) processes your decision.
  • Consulting Experts: Engaging with financial advisors like Martin Klotz for personalized advice.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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