Explanation: The SchatzBrief is a pension insurance
policy with a single premium for medium- to long-term asset
accumulation for retirement provision – e.g., with a lifelong
pension.
Advantages: Pay once, benefit for life – with the
Allianz SchatzBrief, combine the advantages of a pension
insurance with various investment options – from
opportunity-oriented to security-oriented.
Product details: Whether you withdraw capital or make
flexible additional payments, you can determine when you
receive the payout. At the end of the savings phase, you can
choose between a pension, a lump sum, or a combination of
both.
The lifetime annuity from the Allianz SchatzBrief is only
taxed on the so-called income portion. If a lump sum payment
is chosen, only half of the income is taxed, provided the
contract has been in effect for at least 12 years and the
beneficiary is at least 62 years old at the time of payment.
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