Taxable pension shares: How much do retirees have to pay tax?
According to a report from www.fr.de, the taxable portion of the pension will increase in the coming years, and those who retire in 2040 or later will generally have to pay tax on 100 percent of their pension. For a pension of 1,500 euros per month, the taxable portion of the pension depends on the year in which you retire. In 2025, 85 percent of the pension will have to be taxed. In addition, the basic tax allowance must be taken into account, which will be 10,908 euros in 2023 and represents the subsistence minimum. As a financial expert, I can say that this development is significant on the bond market and for the financial industry. Higher taxation of pensions can...

Taxable pension shares: How much do retirees have to pay tax?
According to a report by www.fr.de,
The taxable portion of the pension will increase in the coming years, and anyone who retires in 2040 or later will generally have to pay tax on 100 percent of their pension. For a pension of 1,500 euros per month, the taxable portion of the pension depends on the year in which you retire. In 2025, 85 percent of the pension will have to be taxed. In addition, the basic tax allowance must be taken into account, which will be 10,908 euros in 2023 and represents the subsistence minimum.
As a financial expert, I can say that this development is significant on the bond market and for the financial industry. Higher taxation of pensions can result in retirees having less net income. This could have an impact on consumption and therefore on the economy. In addition, the increasing taxation of pensions for future retirees should be taken into account in their financial planning. It is advisable to take precautionary measures early on in order to be financially secure in old age.
Read the source article at www.fr.de