World
Altersvorsorgedepot: What Germany's New Retirement Savings Plan Offers High Earners
Germany has adopted the Altersvorsorgedepot, a new state-subsidized retirement savings account replacing the Riester-Rente from January 2027. Riester-Rente sales end December 31, 2026. The new plan opens to employees, self-employed workers, and civil servants—expanding beyond Riester's scope. State subsidy reaches EUR 540 annually, with tax benefits up to EUR 630 for top earners. Projections show EUR 1.3 million over 30 years with maximum contributions and 6.5% returns. However, profitability of excess savings above the subsidized threshold remains uncertain.