Was introduced as the Riester pension in 2001, believed in a short time no one really to their success. On the contrary, sounds criticism began to spread and the final figures spoke their own language. But this picture has now changed enormously – not least because of some improvements from the government. In the meantime, but the view prevailed that may be worth the Riester pension altersvorsorgebedachten principle for most savers. What opportunities are there to benefit the Riester promotion, but is perhaps not aware of any. In principle, one has to Riester contracts the choice of three different product categories. Working together, first of all this, the need to focus on maturity or at least the pension contributions paid, plus any allowances received from the State to ensure that savings are available. So it has been ordered by the legislature. Possible Riester savings vehicles, the following product categories are under consideration: First, bank savings, assecond and third pension fund savings. Which way now the “best” is, is not answering a flat course and not least also depends on individual preferences. But like all things in life, the three alternatives each have their advantages but also disadvantages. While bank savings come up with a little “tired” rate of return, they are very sure about the expected return. Annuities have the most experience, what are tackling the calculations of lifelong pensions, but not infrequently associated with high costs. The greatest opportunities for sizable returns, however, promise Riester fund savings plans, as here the savings contribution is invested in funds. And the special advantage in concrete terms Riester Fondssparplan is that the risk of loss is substantially limited. As already briefly mentioned, the act stipulates that pension payments are at least the contributions paid, including allowances for savers availablemust. And that means that the downside – at least long term switched off completely -. Even one step further and currently expects the fund company DWS, with their new Riester savings plan funds – the DWS Riesterrente Premium – the possibility of securing high aged 55 Year of life offers. That means for savers that once reached record levels of fund assets are held for him from that time and he will receive at least this time highs at the end. Overall To sum up, it seems very appropriate to put on such a promising and promising option in the form of a savings plan to fund Riester. Looking at the sales of Riester fund savings plans in 2006, so it can be stated that many investors do exactly this possibility now use and follow this trend. After all, increased the number of completed Riester fund savings plans by 114% within a year (see BMAS v. 31.01.2007). Quite a bit more interesting, the mold isFund savings but if you bet on funds which are discounted in the sales charge, ie, where not all of the initial fee is due. Such subsidized Riester fund savings plans can be found eg in Fondsportal24.de. With the use of such rebates, the potential value of fund shares will be positively impacted as directly flowing from the start putting more money into mutual funds. Finally, the already crowned interesting form of investment by the state-defaulting generous subsidies. They are composed of two components – the allowances on the one hand, and tax savings on the other side. For 2006 and 2007 to quantify the allowances each year to 114 euros per eligible savers. Additionally, there is for each eligible child again at this 136 Euro bonus. From 2008, the allowances will increase to 154 euros or 185 euros for each child. Hence, the allowance for large families in particular is especially interesting. Currently, there are even very specific plansLegislature, the child allowance for children born from 2008 to 300 euros per year allowance raise. For “high earners” is against the possible tax savings of more interest. For Riester contributions may be fully tax deductible within certain limits. These limits are in 2006 and 2007 at 1575 per year from 2008 at 2,100 euros. And finally, another tip – even savings that have already completed a “normal” Riester Fund savings scheme, can give themselves over a relationship manager also the rebate – at least for some sellers.

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