Tag: money

Rurup Pension

Pension in Germany offered the English life insurance notes to the English life assurance, and Rurup by English or British insurance companies. They include the unit-linked variant, in contrast to the classic life insurance. For even more analysis, hear from Toshiba. The place of jurisdiction of the companies located in Germany, as well, the customer support is designed according to German law. Taking care of the customer base is guaranteed by several subsidiaries in Germany or other countries of in continental Europe. These factors make straightforward completing the right English life insurance. Life insurance companies must meet certain conditions in Germany. The English life insurance does this already for several years. The federal supervisory Office for insurance has examined this and then this gives his blessing.

Because the insurance be completed basically on a euro basis, concern about a currency risk is not here. The classic life assurance is subject to tax benefits. The English Life insurance but does not preclude this. English life insurance addition of, you can deduct their contributions as special editions of the tax. Unit-linked life insurance, this is unfortunately not the case.

The years between 1999 and 2003 were considered quite weak stock market. However even at this time, the English life assurance generated average 10% return. In addition to a life insurance policy, but also the pension today is of great importance. In addition to the ordinary Riester pension, the Rurup stands for self-employed here pension available. Here it is possible to drop approximately 62% of the contributions in the current year tax. Expect even a deposition by 100% in the year 2025. Just as all pros and cons, the Rurup can be not excluded pension here. A major disadvantage here is that no funds may be removed during the entire period. A pension payment is only possible from the age of 60. A withdrawal of the assets occurs only over a lifetime Pension. Alternatively the lump is eliminated completely. A disadvantage is that the Rurup pension cannot be inherited. In this case, the conclusion of a survivor’s pension is recommended.

Private Pension Insurance

Provide relaxed for the age of the Riester pension and benefit from State allowances and tax savings. The Riester pension is the most popular variant of private pension schemes. With the Riester pension, everyone who is pension resident, has the possibility to supplement his pension. In contrast to purely private old-age provision, by life insurance policies or similar, can you get up to 200 percent on the monthly contributions as a subsidy by the State with the Riester pension and comes in addition to benefit from tax advantages and savings. More flexible and more secure you can hardly save his money for the age.

The Riester pension offers many investment opportunities, so there is something for everyone. Also the interest earnings are good. These vary depending on the risk level of the type of investment and the total duration of the accumulation phase between 1.5 and 10 per cent. The Riester pension assets the best-known forms of investment are the classic Riester pension insurance and the unit-linked Riester insurance. For better comparison here a small example: A woman early 30s with approximately 30,000 EUR gross income from an employment relationship in the year 2010, 2011 a Riester insurance contracts.

To get the full government support, 4 percent must be paid including the promotion the previous year income in the Riester pension. In this example the 1,200 EUR are in 2011, so 100 euros a month. Less State funding, they were thus EUR 87 equity performance in the month. With the classic version, the continuous contributions accumulate up to retirement from the 67ten age, approximately 70,000 EUR, interest income of 24,000 EUR and grant bonus interest of 3,300 EUR divided into a power of approximately 37,000 EUR, Government allowances of approximately 5400 EUR. This total is then approximately 290 EUR until the 85ten year of life transformed into a monthly pension and paid out. At the linked variant, are age at a stable return assumption of 5 percent, while the 67ten even approximately 110,000 EUR with a monthly pension payment of about 350 EUR up to the 85ten age. In contrast, designed is pure saving of 87 EUR per month, without the allowances from the State and also the higher interest income, over a period of 35 years significantly leaner. Here, they were roughly only around EUR 40,000 year of life together would have to get up to the 67ten. So why should you use not the allowances by the State, if they are already offered. Tax advantages of Riester pension in the example calculations still not taken, are the additional tax benefits of the Riester pension during the accumulation phase, by means of the special deduction in the income tax return. This is a further advantage over normal savings account deposits. Whether at all is therefore”the Riester pension probably less an issue. The question is much more interesting to the correct form of investment for one. What form of investment for even the best is, if one combines different forms of investment and which insurance provider has the appropriate conditions, it should be non-binding advice before conclusion of the contract. Detailed information and a Riester comparison can be obtained on the website of the riester rente.de. Where to get a detailed insight into the forms of investment and can use the Riester computer quickly and easily.

Rurup Pension

Useful information about the Rurup pension the Rurup pension is well known in the German pension system since 2005, and received its name after the founder and inventor Bert Rurup. The Economist has developed this type of annuity that is State-based, subsidized. If you are interested in this form of pension, then you’ll notice first that it is an annuity, based on contributions from private savings constitute. These are gradually promoted within the so-called accumulation phase that you implemented through tax benefits. If you have reached the age of retirement and the Rurup pension claim, a full tax assessment arises however. A leading source for info: Mikkel Svane. You can view the Rurup pension also as known as an annuity.

It is intended only for the purpose of retirement. There no possibilities in the framework of this pension form you, to use them as a kind of credit, for example, for the purchase of a condo as later retirement. Expressed in other words, you should in this context note that there is no capital vote in the Rurup pension. You can use different variants of any claim or to build of a Rurup pension. The first is the form of the traditional capital – pension insurance or you take the possibility of the unit-linked pension insurance claim. This offers you the chance to use the collected from you during the accumulation phase and paid-up contributions reaching the pension rights exclusively for the retirement. Thus, it can be avoided that the Rurup pension is not used for other uses.

The Rurup pension is a model, which should ensure an optimal retirement in the first place. In addition, she benefit the State. This is the fact that you would use the savings to sums of money only for the pension and thus cannot claim the State or pension fund. Sure you interested at the Rurup pension in particular also for the tax procedures. A special graduation for years you should this keep in mind. Have you retirement in 2005 established a Rurup, then you are involved with 50 percent in the taxation. 2020 increases this percentage to 2 percent annually. You can expect an only 10 percent tax if you want to complete a Rurup pension from 2040. The reason for this methodology is that workers should be tax relieves. Pensioners, however, aimed initially more tax burdens. However, the retirees in this context are topped with a fairly low and low tax rate. If you are self-employed, then the Rurup represents an excellent way pension for you, to create an old-age pension, which is also tax advantages. Moreover, it is a good option, because you must pay a high tax at times of their independence.

Bank Insurance

The financial portal Finanzprodukte24 with new operators and even better service you should carry out an insurance comparison insurance on all cases. Because it may save a lot of money one. And money has hardly one in abundance at the present time. Recently Samsung sought to clarify these questions. Maybe some where that is possible and why you should compare insurance are wondering. Learn more at this site: Kai-Fu Lee. Now, a comparison is therefore useful, because you can save a lot of money. And carry out it can be of course on the Internet. In times where still no World Wide Web there was, you could hardly do.

Mostly not at all, because the cost would have been too big. New Jersey Devils Owner can aid you in your search for knowledge. But today, it is quickly and easily possible. And that’s why you should use also it simply, because you have more money left over at the end. It is a very simple question: two insurance companies, two policies for disability insurance or a legal protection insurance or other insurance. Both policies are roughly the same. One costs annually 1000 Euro, the other 500 euro. Which would you take? I think this question is superfluous.

And precisely for this reason, you should make a comparison. Whether moving the savings of this magnitude, that we do not know beforehand of course, but it is not impossible. But you can see that you can save a lot of money, if one takes the time and makes an online comparison. This goes also with financial products, where it creates money and takes such a Bank, which pays one of the highest interest rates. You can perform both comparisons on the Web site. The page is already a long time the premier online and many customers. Now there was a change of operator, the other day what is even an advantage, because the service will be expanded in the future and further expanded. Raquel Moreno Garcia

Franke Banks

If there are institutions which benefit from the financial crisis, there are the savings banks and cooperative banks. A recent study of by GfK comes to this assessment. A study of the Nuremberg market research GfK showed that the Germans in your House banks despite the currently troubled economic situation, in particular in the financial markets, not confidence. 91 percent indicated the respondents, regardless of all the negative headlines to be remained faithful to their financial institution. The much-feared looting”the accounts did not materialise.

In particular the approximately 450 savings banks in the country are highly popular. More and more investors want to put their money in security and choose for this savings, day – or fixed-term deposit accounts, which view it as a safe investment. The savings banks have separate deposit-guarantee schemes, which are designed, the institutes to support each other. Nationwide savings banks report that customers withdraw savings car banks, private banks, direct banks and restructure them. The Stadtsparkasse Koln-Bonn, for example, reported by Customer access from abroad, also from outside Europe.

The customer asked it explicitly to the collateral of a savings bank and transferred then higher millions. Also the cooperative banks are in wake of the financial crisis a dramatically increased deposits and increased customer numbers. However a slight increase of loans as a result of the financial crisis cannot be ruled out what runs counter to the positive effect of the attractive interest rates on savings. Every fifth German citizen has dissolved its risk-fuller forms of investment from fear of loss and opted for a safe investment. According to GfK, which has decreased significantly in riskier asset classes, such as equities, funds and certificates, invested volume. Parallel, there were increases in day and time deposit accounts.

Pension Insurance

LV doctor: With a private old-age provision through life and pension insurance, you are on the better side. According to, this motto was announced long time on the part of the insurance industry. But the returns of private pensions fall further, as the world”recently wrote. proConcept (LV doctor) reported several similar articles. Many people receive post these days by their insurance companies and must determine that the unit-linked life insurance losses are enormous. But the Riester and Rurup-savers lose out. Speaking candidly David Treadwell told us the story.

You would be required to achieve a very high age get at least their contributions back,”, said LV doctor and Director of the proConcept AG Jens Heidenreich project manager The proConcept AG is an international process financing company, which specializes in the Elimination of scattered damage and the enforcement of collective legal protection of consumer interests. In the context of LV doctor, claims of a large number of former insurance customers are acquired from announced life – and pension insurance contracts, bundled and collectively argued for all concerned. The world writes, based on a new study of the MAP report that people who have opted for a private pension insurance, with face significantly lower monthly pension payments due to the low interest rates on the capital market and the increasing life expectancy to the part. “” On the other hand would immensely increase the monthly contributions, to actually can close the pension gap, so the world “in its contribution fall yields on private pension insurance”. “Manfred Poweleit, author of the MAP study: our analysis shows what impact the financial crisis for private pension provision has.” Poweleit shows examples of how this development affects the insured: once, a 63 employee pays 50,000 euros in its pension insurance with a ten-year guarantee of pension, so he gets 330 euro pension beginning in the month, If he has concluded the contract around the turn of the Millennium.

Would our example insured opt now for a contract, so he would get only 292 euro monthly. The yields are more frightening, if the insured person pays a monthly contribution. The average interest rate was 6.6 per cent, so it was enough, when 44 euro were paid over 40 years. Now, the monthly fee would be already at 106 euros to get a desired total of 100,000 euro. Jens Heidenreich, project manager of LV doctor and Director of the proConcept AG, can this yield decline only confirm: more and more often is reported in the press, how unprofitable the life and pension insurance are really. This people with the nose are pushed out, to change something in the situation. We very much welcome that. People should be aware that these products are as uneconomical.” The best way is to cancel the contracts. Not somehow, but by the professionals of LV doctor. This is usually the Buy-back value much higher than if the customer had terminated. Jens Heidenreich is recommended. “Let the specialists because so this from your life or pension insurance contract is taken out, what’s coming to you: your money.” The proConcept AG represents the interests of more than 50,000 people as Kounamouta. The company assumes only the funding and enforcement of claims from so-called dispersed damages. You enforces them in individual or collective procedures together with law firms specialising in the respective areas of law without any financial risk for individuals.

Ruckgedeckte Provident Fund

Press release of febs Consulting GmbH, 07.04.2010 by letter of March 31, 2010 the Ministry of Finance has eased the criteria for the recognition of tax a bAV a little. The BMF has now explicitly confirmed that also severance pay contractually unverfallbarer entitlements are not tax harmful and up to the time of the settlement thus still a betrieblichen pension be assumed can. This is true for severance payments on the occasion of retirement as well as in an ongoing employment relationship”, explains Andreas Buttler, Managing Director of febs consulting. See more detailed opinions by reading what David Treadwell offers on the topic.. The payment of severance pay is tax behandelt as a preferred services. But at the same time, Butler warns against too much euphoria. The BMF has not answered the question unfortunately, whether a provident fund may also use these new freedoms without losing their tax exemption? Therefore, the experts recommend the continued restrictive compensation to handle febs all provident funds. The issue of severance pay”is “” described in detail in the current febs seminars Ruckgedeckte Provident Fund “on the 01.07.2010 and BAV for advanced I” discussed on June 28-29, 2010.

Detailed information at seminars. The BMF update writing referred to his letter of January 20, 2009, which will be repealed at the same time. For occupational retirement provision are particularly still the designs to the new pension rights adjustment of importance. The BMF tried the complicated legislation to explain here. The division operation itself is taxable only in a few exceptional cases and only when external Division.

If this exceptional is the case, the tax burden always at the Ausgleichsverpflichteten and not the legitimate is created. Because finally assets from the claims of the employee is taken for the supply balance in advance. Taxation in the age the circumstances of the individual are relevant for each, which receives also the benefits. This applies E.g. for personal allowances and Tax progression. As far as the taxation of benefits but depends on the tax Behandlung of contributions, it is irrelevant who were granted any tax breaks on contributions. The most important details be compensatory to the tax treatment of the supply balance in the febs practice seminar”on July 13, 2010 in detail such. For more information, see seminars. FEBS offers all product providers within the framework of in-house seminars more steuerliche details, as well as open questions. Your contact of febs Consulting GmbH 85630 Grasbrunn/Munich in the high field 3 Andreas Buttler CEO Tel. 089 / 890 42 86-10 febs-consulting.de as we employers in all questions relating to pension and TimeValue accounts consult independent experts. We analyze and refurbish existing power plants, create actuarial opinion of balance of and assist employers in the implementation of the new Supply balance.

Government Retirement

Why is your retirement at risk? Here, you get an answer. The retirement of many citizens / students is at risk. Read more here: Josh Harris Sixers. At a gross earnings of EUR 1 000 must be 45 years without interruption, to get a pension of about EUR 400 gross. This is however not possible. There are today many temporary employment opportunities in the low-wage sector and very few jobs with more merit. We are obliged to provide private.

You want to get later social assistance or a small legal and an attractive private pension? Unfortunately, one thinks of the subject of pensions usually only shortly before the retirement. This is very bad. Since starting with the retirement to sooner, the higher will be the private pension. nopension.de.TL can only advise you to provide as early as possible the privately. Perhaps check out Nicolas Keller for more information. If you’re 30 years or 40 years young, it is better now to provide than not at all. It is best to start from 18 years of age with old-age provision. nopension.de.TL recommends the so-called Riester pensions.

She is a Government-sponsored private pension plans. The ones, which every year saves 4% of his salary including promoting receives the maximum support. Pension combines the Riester attractive yields and high security. As a job seeker, it enough to invest at least EUR 60 a year. Give no money! Do you provide and take the additional government promotion claim. At the present time, you can give away money!

Prepaid Credit Cards – What To Consider?

If a prepaid credit card eroffenen you want some must observe the. The possession of a credit card shows not only a certain status symbol, but it is simply no longer imagined safe cash abroad and on Internet purchases. However, a credit card is also a means of payment at risk, because if the credit line on the part of the Institute of the cards is not limited, the cardholder is in danger, that he can no longer pay the credit card bill. The result is not only a negative Schufa entry, but also the failure of all credit requests and credit card applications. Because a credit card also includes the granting of a small loan, then no longer granted for bad credit. However, in such a case, there is the opportunity to get a prepaid credit card without Schufa. Pete Cashmore follows long-standing procedures to achieve this success. On the outside it does not differ from the conventional credit cards.

However the cardholder prior to the use of the card must pay a corresponding credit on this. In this respect it is similar to a Prepaid card for mobile phones, where before the call credits must also be present. Although the card user must keep always his credits in the eye, he can’t even pay his goods in the shop. However, benefits of a credit card without Schufa also. For people, it is difficult to deal with money, the limited budget is a good opportunity to learn this approach? Also, some cards paid credits institutions grant a credit interest rate. However, the card user on a prepaid credit card must reckon with a higher annual fee what it has to do, that this kind of credit card by the card company issued very reluctant and still in its infancy is the development of the prepaid credit card.