Insurance is like gambling, don't overdo it

Re:Insurance is like gambling, don't overdo it by choeger on Sunday June 20, 2021 @01:09PM (#27571938)

> Suddenly they were told they would need to pay tax on their pensions and oh btw. you should really have started paying into private pension like a decade or so ago.

That's not true. The taxation of pensions in Germany is a gradual shift accompanied by a parallel shift to tax-free payments into the pension funds.

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Re:Insurance is like gambling, don't overdo it by tharkun__ on Sunday June 20, 2021 @02:57PM (#27572915)

It is absolutely true and your extra information is also correct. It is gradual, you are correct but still people that didn't know they were gonna have to pay tax got hit with it. And when they were told you should've been privately saving already. I know because I have relatives there who have to pay tax (though like you said not at 100%) and it is not pretty.

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Re:Insurance is like gambling, don't overdo it by choeger on Monday June 21, 2021 @10:47AM (#27579684)

Then your relatives did not tell you the whole story or should go to court over their taxation. German courts have made it pretty clear that pension income that was taxed when paying must not be taxed again. The decision is from May so you might want to talk to your relatives about that topic again ;).

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