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Housing promotion account; payment of the annual reduction amount in the disbursement phase

When payment of your pension plan begins, the Central Allowance Office for Pension Fund Assets (ZfA) will determine the balance of your home subsidy account, the reduction amount and, if applicable, the liquidation amount and inform the relevant tax office of these amounts.

Responsible for you

Deutsche Rentenversicherung Bund - Zentrale Zulagenstelle für Altersvermögen

Street address

Ruhrstraße 2
10709 Berlin

Postal address

10868 Berlin

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Procedure details

The housing subsidy account is managed by the Central Allowance Office for Pension Assets (ZfA). It records the tax-subsidized pension capital tied up in residential property for subsequent taxation.

At the beginning of the payout phase, the ZfA determines the annual reduction amount. This is based on the balance of your housing promotion account at the start of the payout phase, spread over the years until you reach the age of 85.

In addition to the annual taxation of the reduction amount during the payout phase, you also have the option of a one-off taxation of the housing promotion account, i.e. the complete liquidation of the housing promotion account.

  • You have used the retirement savings capital from your certified retirement savings contract with subsidized contributions for the homeowner pension subsidy (Wohn-Riester).
  • Your contractually agreed payout phase has already begun.

  • Required document/s

    None

  • Your provider will inform the ZfA of the start of the payout phase. The payout phase begins at the latest when you reach the age of 68.
  • You must pay tax on the amounts deposited in the housing promotion account at the beginning of the payout phase.
  • You will receive a notice from the ZfA stating the amount of the annual reduction.
  • Notwithstanding the reduction amount to be determined, you can request the ZfA to close the housing promotion account in full at any time during the disbursement phase.
  • The ZfA will also inform you of this amount in a notice.

There are no costs.

There is no deadline.

0 to 4 weeks

There are no indications or special features.

  • Appeal
  • Action before the tax court

Status: 09.07.2024
Editorially responsible for prodecure description: Bundesministerium der Finanzen
Source: Federal Portal
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