State-supported retirement provision for children
We have summarised all the key information on the so-called Frühstart-Rente and on your children's retirement provision for you.
Frühstart-Rente: The concept
With the Frühstartrente, the German government wants to encourage private retirement provision for children, taking the first step towards funded retirement provision. To this end, it plans to pay 10 euros a month into a so-called retirement provision account for every child between the ages of six and 18 – up to 1,440 euros per child in total. The money can then be invested in certain investments, most likely ETFs, shares or other securities.
At a glance: state-supported retirement provision
Open a retirement provision account
Receive state support of up to 1,440 euros over up to twelve years
Invest the money saved up until retirement and boost it with your own contributions
Have it paid out tax-free on retirement
Stay up to date with quirion
At present, much is still unclear. Which investments will be supported, or how high private contributions may be after the age of 18 to remain tax-free too, has not yet been finalised. We would be happy to keep you informed of all the latest news on the Frühstartrente and on the option of a state-supported investment with quirion. Sign up here for future updates on the topic.
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Invest in your children's future today
Don't want to wait for the politicians to decide? With quirion, you can invest in your children's future today – easily and on a scientific basis. With the global ETF portfolio, you invest across a broad range and thereby benefit from the long-term growth of the international capital markets. Set up a savings plan in just a few steps, invest together with grandparents, family or friends, and lay the foundations for your children's financial future.
What else we have to offer
Build up wealth easily and conveniently, even with small savings instalments.
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quirion invests on the basis of scientific findings and deliberately without making forecasts.
