Die Fünf-Jahres-Regel und die Umwandlung von Roth IRA durch die Hintertür mit nicht absetzbaren Beiträgen

Is there something like Roth IRA in Germany?

A SDIRA can either be a traditional or Roth IRA. If the holder of a SDIRA is relocating to Germany it has to be determined whether the respective IRA can provide a suitable cover. For normal IRAs there is no doubt.

What is IRA in Germany?

Individual Retirement Account (IRAs)

What is the equivalent of 401K in Germany?

i was wondering how one should be saving/investing his money here in germany. getting stock options from work is one thing. But unlike the US there is no 401K plan and stuff.

Does Germany tax Roth IRA distributions?

An exception is the rollover from a 401(k)-plan into a Roth IRA which is subject to US income taxation. In Germany the transfer of funds from a qualified pension plan into a private pension plan is in general a taxable event. The withdrawal from the plan will in most cases be subject to German income tax.

Is there double taxation in Germany?

With its tax law, Germany aims to prevent both the double taxation and the double non-taxation of individuals and companies. Everyone has to pay their fair share of tax – in their place of residence or where they conduct their business activities. Double taxation agreements distribute taxation rights among countries.