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Housing subsidy account; application for closure

If you have a home subsidy account, you can save tax through single taxation.

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

When the payout phase of your pension plan begins, your existing home subsidy account will be taxed annually and gradually until you reach the age of 85.

Alternatively, you can have your home subsidy account taxed once. In this case, only 70 percent of your housing promotion account will be taxed. To do this, you must submit an application to the Central Allowance Office for Retirement Assets (ZfA).

  • You have used the retirement savings capital from your certified retirement savings contract with subsidized amounts for the homeowner pension subsidy (Wohn-Riester).
  • You have a home subsidy account.
  • The payout phase of your retirement provision contract has already begun or is about to begin.

  • Required document/s
    • Informal application

If a one-off taxation of your home subsidy account is more favorable for you, you can apply for this informally at the German Pension Insurance Association - Central Allowance Office for Retirement Assets (ZfA).

  • The ZfA will review your application and decide whether your housing subsidy account should be closed.
  • You will receive a notification of approval or rejection of your application.
  • If the ZfA approves your application, it will inform you of the amount to be liquidated and notify your provider and the tax office.
  • Taxation will be carried out by your local tax office.

There are no costs.

You cannot apply to close your housing subsidy account retroactively.

2 to 4 weeks

The following information applies:

  • In the case of single taxation, only 70 percent of the total amount of the housing promotion account (liquidation amount) is taken into account in the total taxable income.
  • You can opt for single taxation at any time during the payout phase of your pension plan.
  • If you no longer use your home yourself within 20 years of the start of the payout phase (giving up owner-occupation), the portion of the liquidation amount not yet taken into account will also be taxed.

  • 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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