Field help:
Have you waived the special expenses deduction towards the provider?
Have you waived the special expenses deduction towards the provider?
You can inform the provider of your pension contract (Riester contract) that you do not wish your contributions to be taken into account for tax purposes and thus waive the deduction for special expenses.
If you have submitted such a waiver declaration, select "yes" here.
Note: A waiver of the deduction for special expenses is only possible if you consciously do not wish to use tax incentives (e.g. tax reduction or allowances) for this contract. Please note:
- Without state support, the later pension will only be taxed at the rate of the income share – and not in full.
- This waiver may be sensible if, for example, you expect to have only a low income in retirement and wish to avoid full taxation.
Before submitting a waiver declaration to your provider, be sure to check the tax implications and whether the waiver is worthwhile for your personal situation. A subsequent withdrawal is not possible.
