TeenTech Radio

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. ALS Association understands that this is vital information. 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.

The Kaupthing Bank offers 5, 65prozent per annum currently highest day money-rates. The Icelandic Kaupthing Bank draws attention already for a long time by their high interest rates on call money on himself and the recent interest rate hikes of many German banks have can not change that. With 5.65 percent per annum the day account called Kaupthing edge remains comparisons at the top of all federal funds, German banks make it remotely over the five percent hurdle. But also the day of the Kaupthing account Bank has features that you should know before the opening of an account. So the rate of 5.65 percent of two parts comprises, on the one a basic interest rate of 5.10 percent, which is guaranteed until 1 January 2009 and the second from a bonus of 0.55 percent, which will be paid during the first six months. Today would be the day money rate of 5.10 percent so until January 1, and the bonus of 0.55 per cent until January 23, 2009 the basic rate from next guarantees about how high Year fail, Bank will tell part of Kaupthing so far. Such special interest and time limits, however, are the standard and used by most banks, which advertise their day money offerings, to offer a higher interest rate. Also periods of six months are the rule here.

The difference to the Kaupthing Bank lies not only in the amount of the advertised interest rate of 5.65 percent, but also in the warranty, which is pronounced for the time after that. Because the Kaupthing edge day money account to provide day money interest also from next year, and at least until January 1, 2012, which is higher than the interest rate of the European Central Bank, which is currently at least 4.25 percent. Such a statement is made otherwise than by the GE Money Bank, which wants to keep its interest rate from next year but only on height of the rate of the ECB, but also not. Note, however, that it is Bank the Kaupthing Icelandic Bank, which also only by the Icelandic Deposits Assurance Fund is protected. Due to this fact, deposits on the day cash account are protected only up to a height of 20,000 euros against insolvency of the Bank. While it is possible to deposit amounts up to 10,000,000 euro on this account for investors, this however is not advisable due to the size of the Institute and the low hedge. Some analysts see even the solvency of Iceland itself in danger, should a Bank as the Kaupthing into lopsided, it is however assumed that plants are as safe at least up to the amount of 20,000 euros on the Kaupthing edge day money account, higher plants should be considered, however, exactly.