For whom is a Ruerup-Insurance plan recommended? For business owners and for well-paid employees the Ruerup-Insurance plan is a good chance to provide retirement pension and to save taxes at the same time. If you are looking for a Ruerup-Pension assurance provider in Germany, you should think about some important aspects:
Freelancers do not have the possibility to provide retirement pension by the so called Riester -Insurance. So they could not benefit from governmental aid. For this group of people there is now the possibility of taking tax benefits by effecting a Ruerup-Insurance plan. Since 2005 there is the possibility to supplement the own retirement pension by the conclusion of a Ruerup-Insurance plan. Such a Ruerup-Insurance plan is very interesting for those people who cannot contract a so-called Riester -Insurance plan for employees. With the Ruerup-Insurance, the legislature gave business owners the possibility to benefit from governmental aid under their own private pension.
Before choosing your German Ruerup-Pension assurance provider, you should always ask for several offers. That can be done on the Internet: Rueruprente Preisvergleich. In the phase of paying contributions to the contract the paid-up money is protected against distress. This means creditors of the insured person cannot access the Ruerup-Pension contract. The accumulated money must remain for the insured person and the insurance must not be resolved before retirement.
As from 2005 contributions to newly taken out traditional private pensions and life insurances are no more tax deductible in Germany, the Ruerup-Insurance plan is a suitable alternative. The state-sponsored Ruerup-Insurance is for business owners as interesting as for well-paid employees. For those groups of people it is the only possibility to get special tax deductions in retirement arrangement since the possibility of special deductions for other private pension and life insurance contracts has been deleted by the legislature. The money that is accumulated by a Ruerup-Insurance plan is not affected by unemployment in the context of social welfare. This money does not need to be consumed before getting social welfare.

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