- Secure doubled bonuses
- Build capital
- Benefit from a manageable maturity period
Saving with capital accumulation benefits
Capital accumulation benefits pays off in two ways: you save, your employer adds additional savings and the government rewards you with a hefty bonus.
How to save your capital accumulation benefits
Benefit as an employee from capital accumulation benefits—your employer helps you save. As an added bonus, the state rewards VL-savers with an added bonus. You can choose where and in which way you would like to save your money, whether that be in mutual fund investments, residential facilities or even in mortgage savings plans. You can spread your savings amongst different investment channels.
Completing and benefiting from state funding
Capital accumulation benefits, in a form equity fund, promotes the state with a maximum of 20 percent paid amounts, provided they do not exceed 400 euros per calendar year. If you pay your capital accumulation benefit toward a mortgage savings plan, you can save up to 9 percent of the paid premiums—to the point where it exceeds 470 euros per calendar year. It doesn't matter if your employer pays your capital accumulation benefits in addition to your wage or if you make the payments voluntarily out of your net salary. The government will fund you your rewards. The only prerequisite is that your employer initiates the transfer.
- You have to be entitled to the grant and you shall not exceed the income limits.
VL-Saving with our partner, Bausparkasse Schwäbisch Hall
Take advantage of the numerous benefits a mortgage savings plan has to offer such as permanent, secure and low mortgage reates of the chance of additional employee savings bonus 1).
Mortgage Savings Plan at a glance
- Secure low mortgage rates for the future
- Get to your savings goals faster and cheaper with government premiums1)
- Up to 100 Euro bonus2) for young adults under 25 years of age
- Build your financial foundation for your home ownership
Secure your advantage when a mortgage savings plan. Our experts will gladly advise you.
1) There are income limits and other conditions.
2) Other Requirements § 3 ABB
VL-Saving with our partner Union Investment (**Attention: This is not available for US Citizens for tax reasons**)
If you want to build your own personal wealth with your capital accumulation benefits, you can choose one of the products from our partner, Union Investment. Union Investment offers three eligible equity funds, two bond funds and a mixed fund. From these equity funds, you receive government rewards, if you do not exceed the income limits. Bond and balanced fund products are excluded from government rewards, but may nevertheless be useful for capital accumulation.
Eligible equity funds
For over 50 years, this fund invests in the German equity market in standard stocks.
This fund invests in leading companies in the euro-zone.
This fund is a global investing equity fund.
Although pension funds are not eligible, they can still provide capital accumulation for investors with a higher need of security. They invest primarily in fixed income securities and thus have a moderate rate risk.
The UniRenta invests in international bond markets. The choice of investment is carried out taking into account the interest and currency risks of the respective investment segments.
The UniEuroRenta invests in interest-bearing securities of worldwide issuers denominated in Euro currency. Investment spectrum includes, for example government bonds, mortgage bonds and corporate bonds.
The Unirak invests as balanced funds in international equity and bond investments with a focus on Germany. In the area of pensions, the system is preferably carried out in fixed-interest euro-securities. Within the equity exposure, the main focus is on German companies.
Do you have any questions?
Please feel free to contact us regarding any questions concerning product details or a consulting appointment.
Income limits and support amount
The following provisions apply for the government grants such as employee savings allowance and housing bonus:
|Income Limits1)||Annual Funding Limit||Annual Funding|
Employee savings bonus-
|400 EUR per
Employee savings bonus-
Mortgage Savings Plans
|470 EUR per
Mortgage Savings Plans
- The income limits are based on the taxable income
Information for single persons / married couples
Important information regarding the risks of investment products
The information provided here contains only general information on individual types of financial instruments. They do not constitute nor do they substitute the opportunities and risks of the investment products in a detailed banking consultation. Detailed information on individual investment strategies and investment products including related risks, execution venues and costs and related charges are suggested by your Volksbank Kaiserslautern eG before implementing an investment decision in the framework of a consultation.
Deposit and institute protection
The Volksbank Kaiserslautern eG is connected with the official BVR Institutsicherung GmbH and the additional voluntary protection scheme of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken e.V.. As institutional protection schemes, both institutions have the task of averting or fixing imminent existing economic difficulties in the institutions affiliated to them (Institut protection). All institutions that are connected with this system, support each other in avoiding insolvency. Customer capital is also under institut protection- including savings deposits, savings bonds, term deposits, demand deposits and issue bonds- unless invested in funds.