Timothy Reynold’s Blog

A lot of assurance suppliers vend so called Ruerup-Pension policies on the German market place. Usually it is quite difficult for the individual consumer to find the right insurance offerer that fits best with the own needs. How can users find the fitting insurance for Ruerup-Pension agreements covering their needs at a good price? On specialized Internet sites clients should get their appropriate Ruerup-Assurance offer out of the multitude of assurance vendors.

For whom is a Ruerup-Assurance agreement recommended? For self-employed and for well-paid employees the Ruerup-Assurance plan is a good chance to provide retirement pay and to save taxes at the same time. If you are looking for a Ruerup-Pension insurance supplier in Germany, you should take into consideration some important points:

As from 2005 contributions to newly concluded traditional private pensions and life insurances are no more tax deductible in Germany, the Ruerup-Insurance policy is a suitable alternative. Freelancers do not have the possibility to provide retirement pension by the so called Riester -Insurance. So they could not benefit from governmental sponsorship. For this group of people there is now the possibility of taking tax benefits by effecting a Ruerup-Pension policy. Before choosing their German Ruerup-Pension insurance provider, clients should always compare several offers. This web page gives a gratis Ruerup-Pension comparison: http://www.ruerup-sieger.de/Ruerup_Rente_fuer_Beamte.html.

The state-sponsored Ruerup-Insurance is for entrepreneurs as interesting as for well-paid employees. For those groups of people it is the only possibility to get special tax deductions in retirement provisions since the possibility of special deductions for other private pension and life insurance contracts has been deleted by the legislature. In the phase of paying contributions to the contract the paid-up money is protected against distraint. This means creditors of the insured person cannot access the Ruerup-Pension contract. The accumulated capital must remain for the insured individual and the insurance must not be resolved before retirement.

The money that is accumulated by a Ruerup-Assurance plan is not affected by unemployment in the context of social welfare. This capital does not need to be consumed before getting social welfare. Since 2005 there is the possibility to complete the own retirement pay by the conclusion of a Ruerup-Pension policy. Such a Ruerup-Pension agreement is very beneficial for those people who cannot contract a so-called Riester -Assurance plan for employees. With the Ruerup-Insurance, the legislature gave self-employed the possibility to benefit from governmental allowance under their own private pension.