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About Ann_MA

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  • Location Mannheim
  • Nationality US
  • Gender Male
  • Year of birth
  1. The insurance respresentative selected by my employer has been in this week and "new" employees are being offered the chance to contribute to the betriebliche Altersvorsorge (an Unterstützungskasse).   I have a vague understanding of the tax benefits under the German system*, and the representative is under the impression that my citizenship isn't a problem. I have asked her to check on that and if everything is still alright, I will get the full sales pitch this coming week.   My question is: Is there something I am overlooking on the US side that would make participating in this (I think Ünterstützungskasse translates roughly as "workers benevolent fund") a problem?   Is anyone else participating in one through work?   *contributions are before tax income, distributions are treated in Germany as earned income, 10 per cent employer match   thanks! ann