The entire world of tax knowledge

SteuerGo FAQs

 


Field help: Beiträge zu einer kapitalgedeckten Rentenversicherung
Contributions to funded pension insurance
Beiträge zu einer kapitalgedeckten Rentenversicherung
Contributions to funded pension insurance

Enter the contributions that you have made to a Rürup pension insurance policy. You will receive a statement confirming these contributions from your insurance company.

The basic pension, colloquially known as the Rürup pension, named after the economist Bert Rürup, is a form of state-subsidised pension provision that has been introduced in 2005.

The contributions to build up a Rürup pension are deductible as special expenses within the statutory maximum amounts and under the following conditions:

  • The insurance contract may only provide for the payment of a monthly lifelong annuity.
  • The pension may not begin before the age of 60 if the contract is concluded before 1 January 2012, and not before the age of 62 if the contract is concluded after 31 December 2011.
  • The claims arising from the insurance contract cannot be inherited, lent, sold or capitalised (sect. 10 para. 1 no. 2b of the Income Tax Act (EStG)).

Important: Please enter any contributions to a Riester pension in the "Riester pension insurance" section.