Tobias Siebert explains solidary surcharge
Money for nothing!
The “solidarity surcharge” has been introduced 30 years ago to rebuild Eastern-Germany after the re-union of Eastern and Western-Germany. The “soli” is actually 5,5% on top of every income and corporate tax in Germany and has collected well over 350 billion Euros.
Check your payslip: The skipped “soli” means less taxes and higher net salary of up to 75 € each month.
Double your savings!
Only by means of a company pension you can double your savings:
Adding even more savings in income taxes and social security contributions plus an obligatory employer contribution means up to 185 € per month invested in a pension plan for your retirement. This means an extra investment of over 80.000 € for a 30-year-old person without doing without a single cent compared to your net salary in 2020.
It’s up to you: Enjoying some extra money each month for extra consumption or building up over 100.000 € on the long run...