The new Altersvorsorgedepot offers up to €540 in annual state subsidies for monthly ETF savings, aiming to boost long-term capital market participation.
Germany is set to introduce a new state-subsidized retirement savings vehicle, the Altersvorsorgedepot, starting January 1 next year.
The initiative allows individuals to receive a government top-up of up to €540 annually for contributing to monthly savings plans invested in exchange-traded funds (ETFs).
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