New law: Better help for your pension
141
The Bundes-Rat makes a new law. The law is about private pension savings. A new model starts in January 2027. This replaces the old Riester-Rente. Many people found the old plan too expensive. It was also too hard to understand. The new model is easy and cheap. The state gives you more money now. For every euro you save you get 50 cents. This is for savings up to 360 euros. You get 25 cents more for extra money. The max bonus is 540 euros per year. Families with children also get support. Self-employed people get this support too. Banks must sell a simple product now. You can choose how to save. You can save money safely. Or you can buy Aktien-Fonds. Funds can make more money. But they also have more risk. The law limits the costs for all contracts.
This text was generated automatically and has not been reviewed for accuracy. No guarantee is given for the correctness of the content. Learn more Learn more about article generation
Definitions
- Riester-Rente
- An old way to save money for old age.
- Bundes-Rat
- A group that makes laws for Germany.
- Aktien-Fonds
- A pot of money invested in big companies.
Locations
- Germany
- The country where this law applies.
Sources
Latest articles
Politics
Foreign Policy
Donald Trump rejects peace plan from Iran
Read nowUS President Donald Trump dislikes the answer from Iran to his peace plan. The situation in the Middle East is dangerous. The oil prices rise around the world.
Politics
Foreign Policy
Donald Trump rejects a plan from Iran
Read nowUS President Donald Trump dislikes a peace plan from Iran. Because of this, oil prices around the world are increasing rapidly.
Politics
Foreign Policy
The EU punishes people for stealing children
Read nowThe EU makes new rules against Russia. It is about 20.000 children from Ukraine.
Politics
Foreign Policy
The EU plans punishments for Israeli settlers
Read nowThe EU punishes radical Israeli settlers. They freeze money and stop travel. The reason is violence against Palestinians. The goal is peace in the region.