retirement
How much pension can I have without paying taxes?
Pension taxation is complex, new regulations make them a little more complex: which rules apply to allowances and who has to submit a tax return at all.
The Ministry of Finance: In 2024, pensioners who retired were able to get 16,243 euros in annual gross dents without having to pay taxes. The amount applies to those who are in each case, which applies to couples twice. Older pensioners who retired in 2005 could even collect a little more, namely up to 19,758 euros without being taxable. This is due and the tax allowance melts by a few euros each year because the proportion of the pension that is taxed increases mirror image.
Last (2024), 83 percent of the gross tores were sent in taxation. Originally it should be 100 percent in 2040, but now the full taxation does not apply until 2058, it regulates the law of Growth. Overall, the downstream taxation applies, because mirror image can spend a slightly larger amount of their income for old -age provision every year without taxing this money.
These pensioners must submit a tax return
The regulation is intended to ensure a little more justice when saving for pension and younger people encourage private savings. Because they first make these contributions out of their non -taxed gross income. Only the payments from such age contracts are then taxed. It is assumed that the tax rates for pensioners will be lower. Seen in this way, pensioners would have to carry out a small tax advantage.
At the moment, this means that those who had more than 11,604 euros in pension income in the past 2024, regardless of when they retired, must generally make a tax return. In the current year 2025, the amount of 12,084 euros is considered a magical limit. This is how high the current allowance for pensioners, and from this amount the taxation generally applies, from this approximately 1000 euros pension a month – at least if the retiree cannot claim any other deductions. Because now it can of course be that pensioners had advertising costs and special levies, or can claim extraordinary burdens. Therefore, your total income can be higher than this allowance – and still remain tax -free. However, the tax office must check this in individual cases.
Taxation share of the pension: 83 percent
The invoice of the Ministry of Finance is: In 2024, the highest annual gross dent for new players, which was unencumbered for tax purposes, was 16,243 euros annually. That corresponds to 1323 euros per month. The tax share of the pension is currently 83 percent, which means that “only” 13,481 euros of these 16,243 euros are subject to taxation. From this, pensioners can also deduct the advertising cost lump sum of 102 euros, the special expenditure flat rate of 36 euros and pension expenses of a maximum of EUR 1739. This results in the 11,604 euros for 2024.
Long -time pensioners who retired in 2005 can still collect 50 percent of their pension income tax -free, so they come to the higher pension of 19,758 euros, which corresponds to 1610 euros per month, which can remain at most tax -free.
Source: Stern
