Planvermögens

Planvermögen is a German term that translates to "planned assets" or "planned assets for retirement." It refers to financial assets that are specifically designated and set aside for long-term savings, most commonly for retirement purposes. These assets are typically held in investment vehicles that offer tax advantages or other incentives to encourage saving over an extended period.

In Germany, Planvermögen is often associated with occupational pension schemes (betriebliche Altersvorsorge) and private pension plans. These plans are designed to supplement the state pension and provide individuals with a sufficient income during their retirement years. Contributions to Planvermögen can be made by both employers and employees, and the investments within these plans are managed to grow over time.

The key characteristic of Planvermögen is its long-term nature and its intended use for future financial security. Regulations govern how Planvermögen can be structured, invested, and accessed, with provisions often in place to protect the assets and ensure they are used for their intended purpose. Withdrawal of funds before retirement is usually subject to restrictions and potential tax implications. The concept aims to promote financial planning and encourage individuals to take responsibility for their future financial well-being.