COMPANY PENSION SCHEME FOR YOU AS AN EMPLOYEE
With company pension schemes, employees can secure their future with an extra pension. We provide flexible, tailored solutions for your business.
Company Pension Scheme
As an alternative to receiving a lifelong pension starting at the age of 62, this company pension scheme model offers the option to cash out up to 30% of the capital as a lump sum at the beginning of the payout phase. With the "Neodirect Company Pension Scheme +", there's also the option to include a capital choice right in the contract, allowing for the entire capital to be paid out at once.
During the accumulation phase, this pension plan provides tax exemption and additional savings on social security contributions, enhancing its attractiveness. However, pension payments made during the payout phase are fully taxable at the recipient's income tax rate. Moreover, contributions for statutory nursing care and health insurance must be deducted from these payments. Therefore, the "Neodirect Company Pension Scheme +" is particularly beneficial when paired with private health insurance, as this combination eliminates the need for social security contributions in retirement, providing significant financial advantages in your later years.
COMPANY PENSION 🎯
The benefits of opting for a company pension scheme extend beyond simple retirement savings. Here are some enhanced and translated features for English speakers considering their options:
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Significant Tax and Social Security Savings: This plan offers notable advantages in terms of reducing your tax burden and social security contributions. By investing in this pension scheme, you can enjoy more of your hard-earned money both now and in retirement.
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Protection from Seizure in Case of Unemployment Benefits (Hartz IV) and Bankruptcy: Assets saved in this pension scheme are safeguarded against claims from creditors, providing financial security even in challenging times. This means that in the event of receiving Hartz IV benefits or declaring bankruptcy, your pension savings remain untouched, ensuring your future financial stability.
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Free Transferability (Spousal Coverage): The plan allows for the free transferability of benefits to your spouse or registered partner, ensuring they are financially secure in the event of your passing. This feature provides peace of mind, knowing your loved ones are taken care of.
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Capital Choice Option: With the capital choice right, you have the flexibility to opt for a lump-sum payment instead of regular pension payments when you retire. This option offers the freedom to manage your retirement savings in a way that best suits your needs and lifestyle.
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Portability with Employer Change: One of the key advantages of this pension scheme is its portability. Should you change employers, you can easily transfer your accumulated pension savings to your new employer's pension scheme. This feature ensures that your retirement planning remains uninterrupted, regardless of your career moves.
These expanded benefits highlight the comprehensive nature of the company pension scheme, designed to provide financial security, flexibility, and peace of mind throughout your working life and into retirement.