The first certified living-Riester contracts on the market come in November. Schwabisch Hall, November 12, 2008 – the first certified living-Riester contracts on the market come In November. But how does the residential Riester actually work and who can use it? Jochen Maier, head of marketing at the Bausparkasse Schwabisch Hall, the ten most important questions answered. Question: Living Riester – what is it exactly? M: So far, there were the State Riester allowances only for certified pensions, funds and bank savings plans. With the new homeowner Pensions Act is now the owner-occupied residential property on an equal footing in addition to the other forms of private pension schemes and supported in the same way.
It also deposits, so savings and repayment services are eligible on certified Riester savings. This new form of prevention is officially home pension, but mostly residential Riester\”\” called. \” Question: Who is eligible? Maier: Same conditions as the previous Riester contracts are as follows: All required members of the statutory pension insurance, compulsory independent, officials and employees in the public service and their spouses are entitled to the promotion, if they have an individual contract. There are no income limits. Question: How much does it the State at the residential Riester? Maier: Whoever puts 4 percent of the gross income of the previous year on a retirement pension contract, maximum 2.100 euros including allowances, will receive the full Riester bonus: 154 euro basic allowance or 308 euro for married couples with two contracts. Per child, there are even 300 euros more 185 euro for each child born from 2008. Particularly attractive for young people under 25: bonus for Riester contracts as well as for newly completed a unique professional beginners of 200 euros. Question: What can I use the home pension? Maier: Who be saves a Riester contract, can three quarters or remove the entire saved capital for the construction or purchase of even used real estate.