Take early retirement and work on the side?
This is possible under certain conditions.
There is a special feature of the additional earnings limit due to the corona.
With 63 years of early retirement *
go
, but it still needs to come up to the retirement pension
to earn some extra
?
This is possible under certain conditions.
The restriction: While everyone who has reached the
standard retirement age is
allowed to earn an unlimited amount of money in
addition to the statutory pension
, this is
not possible
for
early retirees
.
They normally have a
tax exemption
of 6,300 euros
per year
.
A salary that is above this is offset by 40 percent and reduces the pension, the news agency dpa describes the background.
Corona crisis: early retirees can earn more in 2021
But, so the important note: In Corona times, everything is a little different. Because of the pandemic in 2020, the additional earnings limit for early retirees was 44,590 euros, and in 2021 it even rose to 46,060 euros. The reason for the
increase in the additional earnings limit
was the increased need for personnel in many professions, for example in the health sector, dpa describes the background. From 2022, however, the old rule will apply again, according to the news agency:
recipients of an early
retirement pension who earn more than 6,300 euros gross in a calendar year would then have to expect a reduction in their pension. In general, the pension will be cut for the entire calendar year, according to the report.
Also read:
No planned pension increase in 2021 for many retirees - what that means in concrete terms
Retire earlier and do a part-time job?
Precisely because of the
high additional earnings limit
this year, it could currently be attractive for many older employees
to receive
an early retirement pension
in
addition to employment
.
To do this, however, they would have to meet requirements, as dpa specifically describes: For those who have paid into the pension fund for at least 45 years, the retirement age has been gradually adjusted since 2012.
Those born between 1949 and 1963 can retire before their 65th birthday without any deductions.
For those born in 1964 or later, the retirement age is 65 years even after 45 years of contributions.
Employees who have paid contributions to the statutory pension insurance for at least 35 years could therefore retire at 63 -
albeit with deductions
.
It is precisely in such cases that you should ask a specialist beforehand;
For example, a tax advisor can sound out whether and when additional earnings are worthwhile in individual cases or not.
Also read:
Dispute over double taxation of pensions: Important judgment is expected on May 31
Pension increases through contributions to the pension insurance
What you shouldn't forget when looking at the total
bill
:
early retirees who work alongside their pension
continue to pay contributions to the pension insurance.
So that they acquire a
higher pension demanding
.
"This will be paid out as soon as the regular retirement age is reached," said Stiftung Warentest.
(ahu) * Merkur.de is an offer from IPPEN.MEDIA.
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