AVD

Germany · Retirement

Altersvorsorgedepot (AVD)

Germany's planned reform of tax-supported private retirement saving would allow a securities depot instead of a guaranteed insurance product. Safa would offer it with screened investments only.

Regulatory information on this page is informational and based on publicly discussed reform plans. Rules, limits and incentives may change or may not enter force as described. Everything here must be verified against current official German legislation before any production launch.

Depot value (sample)

7.240,00 €

Contributions this year

2.400 €

Projected value at 67

238.649 €

Over 33 years · of which 86.440 € is money paid in

200 €
5%

A projection based on an assumed constant return. It ignores fees, taxes and inflation, and is not a forecast of what you will receive.

Onboarding flow

  1. 1Confirm eligibility and residency
  2. 2Choose your contribution amount
  3. 3Pick a screened investment strategy
  4. 4Review incentives, costs and lock-up rules
  5. 5Sign and submit the depot application

Eligibility (indicative)

  • Resident and subject to tax in Germany
  • Below the statutory retirement age at the time of opening
  • A verified German bank account in your own name
  • Completed identity verification (KYC)

Contribution concept & incentives

How contributions work
You pay in regularly or as a lump sum. Money stays invested until the statutory payout age, with limited early-access exceptions.
Government incentives (placeholder)
Reform plans discuss a state allowance plus tax relief on qualifying contributions. Illustrated here as 480 € per year — an assumption only.
No guarantee requirement
Unlike older products, a depot version would not require a capital guarantee, which allows a higher equity share — and higher risk.

Investment options

  • Screened growth

    90% screened equity ETF / 10% sukuk

    High risk

  • Balanced (selected)

    Screened global equity 80% / sukuk 20%

    Medium-high risk

  • Conservative

    40% screened equity / 50% sukuk / 10% gold

    Medium risk

Suitability warning: long lock-up periods mean this product is not appropriate for money you may need soon. Consider your circumstances or seek independent advice.