Riester Pension Calculator
Calculate the government benefits that you will get from a German Riester pension in form of tax benefits & government subsidies (yearly bonus for adults and children).
How it works
Fill in a few conditions
First, you will be asked whether you are assessed for tax (Steuerliche Veranlagung) separately (getrennt) or jointly (zusammen) with your partner. Then your date of birth (Geburtsdatum) and your taxable income (Monatsbruttoentgelt) must be entered before you answer the questions about the number of children entitled to child benefit (Wieviele kindergeldberechtigte Kinder haben Sie?). For each child, you must enter the year of birth (Geburtsjahr Kind), the child allowance (Kinderfreibetrag) and the child benefit (Kindergeld). Then you must answer the question about church tax liability (Kirchensteuerpflicht) and enter which federal state (Bundesland) you are from. Finally, you have to specify the contribution optimization (Betragsoptimierung). You can choose between allowance-optimized (zulagenoptimiert), tax-optimized (steueroptimiert), and an individual contribution (individueller Beitrag).
See your government Riester pension benefits
If you click on “berechnen”, you will see how much you need to invest annually and how much the state will subsidize. The pie chart shows how many allowances you receive and how much your net investment is.
Our service and contact
Personal finance in Germany can be difficult – especially as an expat with limited German language skills. We make your financial planning as easy as possible. All you need is a device that is connected to the internet to secure a free online meeting with us.
