Altersvorsorge-Depot Calculator
Simulate your deposits, cash incentives and tax benefits. Customize the parameters to match your individual circumstances and see how much you could benefit
What incentives are offered to investors in the Altersvorsorge-Depot?
There are 3 types of incentives included in the AVD:
Cash incentives
The state will add a cash amount on top of the deposits you make out of pocket. Cash incentives are based on the following two tiers:
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From €1 to €360, you get 50 Cents for every Euro you deposit (50% incentives)
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From €360 to €1,800, you get 20 Cents for every Euro you deposit (20% incentives).
Children benefits
For each child associated with your AVD account, the state will match your contributions 1:1 up to an amount of €300/year. Here are a few examples:
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1 Child, €200/year out-of-pocket deposits = €200 additional state incentive
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2 Children, €200/year out-of-pocket deposits = €400 additional state incentive
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3 Children, €300/year out-of-pocket deposits = €900 additional state incentive
Tax Benefits
On top of the incentives, the total invested amounts (your own investments and the state incentives) will be considered as deductible costs for tax purposes and can be used to reduce your overall tax burden. However: the cash incentives already received are deducted from that amount. For example:
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You deposited a total of €1,800 and received €540 as direct incentives. Total deductible amount = €2,340.
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Your tax rate is 42%.
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Your tax rebate will be: 42% of 2,340 = €982.8. However, since €540 was already received as a cash incentives, it's deducted from this amount, leaving a final tax reduction of 982.8 - 540 = €442.8