{
  "id": 14979134,
  "title": "Für alle ab Jahrgang 2020: Frühstartrente für Kinder: Was Eltern jetzt tun sollten",
  "url": "https://urgent.news/2026/10/16/fur-alle-ab-jahrgang-2020-fruhstartrente-fur-kinder-was-eltern-jetzt",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-16T14:56:38.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/finanzen/steuern-recht/fuer-alle-ab-jahrgang-2020-fruehstartrente-fuer-kinder-was-eltern-jetzt-tun-sollten/100262879.html"
  },
  "original_language": "de",
  "account": "Starting from the year 2020, children aged 6 to 18 will receive a \"early pension\" from the state, with the program beginning with the birth year 2020. The Bundestag has passed a law for this \"early pension,\" but the Bundestag still needs to approve it. Parents should know that they can obtain this money for their children by simply signing an individual contract with a trusted provider for their child's account. Once this is done, the provider will handle the rest of the paperwork, and the benefits will flow monthly.\n\nThe benefit of this standard account is that no settlement or distribution fees will be charged until the child turns 18. Additionally, the overall costs are capped at 1 percent per year. Consumer advocate Ralf Scherfling of the Verbraucherzentrale NRW recommends that parents compare different offers for standard accounts in the coming months before choosing a contract. According to Verbraucherzentrale NRW's calculations, the long-term difference between annual costs of 0.2 percent and the maximum of 1.0 percent can be substantial. If the state's subsidy of €1,440 is left untouched until retirement at 68, a low-cost account would provide around €76,400, while a high-cost account with a 1 percent rate would only yield €48,600— a difference of about €27,800.\n\nEven if parents don't or don't immediately set up an individual contract for their entitled child, the money will still be invested collectively by the Deutsche Bundesbank. In this case, the child can only access the money between the ages of 18 and 35. However, parents should not rely solely on the early pension. They should continue their own retirement savings efforts, as the pension payments will begin between the ages of 65 and 70, and they won't be able to access the contributions made for the pension until then. Although they can withdraw their own contributions before turning 65, according to the Federal Ministry of Finance, this can only be done as with any other account.\n\nParents should not solely depend on the early pension for their child's future. Instead, they should continue their own retirement savings efforts, as the pension payments will begin between the ages of 65 and 70 and they won't be able to access the contributions made for the pension until then. They can also consider investing in a Juniordepot, a special children's or junior account that provides tax advantages. Unlike the standard account, where the returns are taxed upon withdrawal, the Juniordepot may allow for tax-free growth at least partially. This is due to the tax benefits available for parents, such as the saver's deduction, the basic deduction, and the special expenditure deduction, which total €13,384 in 2026.",
  "summary": "Ab 2027 sollen Kinder monatlich Geld vom Staat für die spätere Rente bekommen. Eltern müssen dafür nicht sofort handeln – im Idealfall nehmen sie sich die Zeit, verschiedene Verträge zu vergleichen.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}