Every euro should reach your child.
Rentenclub supplements the state early-start pension (Frühstart-Rente): €49 one-off and no ongoing administration fees.
The early-start pension (Frühstart-Rente) in five answers
From 2027, the federal government will pay €10 a month into a retirement savings account for school-age children. The essentials, briefly and without jargon.
Last updated: . The legislative process has not yet been completed; details may change.
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What is the early-start pension (Frühstart-Rente)?
- The early-start pension (Frühstart-Rente) is a state subsidy for children’s retirement provision. For every child from age 6 to 18, the federal government pays €10 a month into a retirement savings account (Altersvorsorgedepot) that is invested in the capital markets. The Bundestag passed the law on 16 October 2026; approval by the Bundesrat is still pending.
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Who receives the early-start pension (Frühstart-Rente)?
- Children who live in Germany and have a tax identification number (Steuer-Identifikationsnummer) are eligible, from their 6th birthday until the month before their 18th birthday. The first cohort is children born in 2020; for them, the subsidy applies retroactively from January 2026. After that, each new cohort of six-year-olds is added every year, so in 2027 it will be children born in 2021.
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How much does the state pay in?
- The state pays €10 a month, i.e. €120 a year, for twelve years. That comes to €1,440 per child in total. Parents, grandparents and others may also pay in, up to a total of €6,840 per calendar year. Returns remain tax-free until they are paid out.
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Where is the money held, and what may it cost?
- Parents open a certified retirement savings account (Altersvorsorgedepot) in the child’s name with a private provider. This standard account may cost no more than 1% in effective costs per year; acquisition and distribution costs on the subsidised money are not permitted. If there is no contract, the federal government invests the money collectively. There is no guarantee; the value fluctuates with the market.
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When is the early-start pension (Frühstart-Rente) paid out?
- It is paid out from the 65th birthday at the earliest and only as a retirement benefit; with the standard account, payments are spread until at least age 85. The state’s payments end at 18, but the subsidised money does not become freely available at that point. The contract can continue to be paid into or be transferred to another certified provider.
Rentenclub is a private offer from Gerhard Bartschat and not part of the state early-start pension (Frühstart-Rente). Your child receives the state contribution regardless.
One per cent sounds like very little. Over 59 years, it is a lot.
In the standard account of the early-start pension (Frühstart-Rente), effective costs of up to 1% per year are permitted. The green area shows how much of this adds up by retirement. Set your own assumptions.
- Paid in up to age 18
- €1,440
- Without ongoing costs
- €20,600
- With 1% costs per year
- €12,100
- Of which costs
- €8,500
Worked example, not a forecast and not a promise. Assumptions: monthly payments from the 6th to the 18th birthday, a constant return before costs, costs as a fixed share of the balance per year, excluding taxes. Results rounded to €100. Actual returns fluctuate, and losses are possible. The Rentenclub benefit is not shown here; it is subject to its own contract terms.
How Rentenclub is structured
With Rentenclub, €10 a month is also invested for twelve years, alongside the state early-start pension (Frühstart-Rente). Rentenclub does not charge any ongoing administration fees.
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€1,000
Monthly pension from 65, for life.
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For children born in 2020 or later
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€49
one-off registration fee
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€0
ongoing administration fees, for the entire term
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20-year pension guarantee for heirs
If the beneficiary dies early, the heirs receive the pension for 20 years.
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Money-back guarantee
You will receive the terms in writing before registration.
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€100
minimum, in consumer vouchers if you register by 31 December 2026
Rentenclub is a private offer and not part of the state early-start pension (Frühstart-Rente). You will receive details of the product provider, the protection and the contract terms in writing before registration.
Request registrationWhat you pay with Rentenclub
A one-off €49 on registration. Rentenclub does not charge any ongoing administration fees. Before registration, Rentenclub discloses in writing how the offer is financed and secured.
| Option | Who pays in | One-off costs | Ongoing costs |
|---|---|---|---|
| Early-start pension (Frühstart-Rente), standard account | The state, €10 a month from the 6th to the 18th birthday | no acquisition or distribution costs on the subsidised money | up to 1% effective costs per year |
| Children’s investment account with an ETF savings plan | Parents, grandparents, godparents | order fees, depending on the account | fund costs depending on the ETF, often 0.1 to 0.5% per year |
| Rentenclub | see offer | €49 registration | no administration fees |
Terms briefly explained
- Effective costs
- all the costs of a product added together, expressed as a percentage per year.
- TER
- the ongoing annual costs of a fund, already deducted from the fund price.
- Acquisition costs
- one-off costs when a contract is concluded, often spread over the first few years.
For grandparents and godparents
Many grandparents and godparents would like to give something for a birth or christening that lasts longer than a babygrow. Registration with Rentenclub can be initiated together with the parents.
- Talk to the parents first: registration requires details about the child and their consent.
- You submit the registration enquiry together with the parents using the form.
- Please clarify any questions about gift tax with a tax adviser.
Registered in three steps
Step 1 of 3
Enquire
Fill in the registration enquiry form: details about the child, the parents and how we can reach you.
Step 2 of 3
Review the documents
You receive the registration documents in writing and can review everything at your leisure.
Step 3 of 3
Register
Only once you have decided do you register your child and pay a one-off €49.
About me
‘What matters to me is that children later receive a good pension without large costs building up along the way.’
I am Gerhard Bartschat, and I run Rentenclub as a sole proprietorship in Zittau.
- Owner
- Gerhard Bartschat
- Legal form
- Sole proprietorship
- Registered office
- Theodor-Korselt-Straße 21, 02763 Zittau
- bartschat.gerhard@gmx.de
Frequently asked questions
Is your question not here? Write to bartschat.gerhard@gmx.de.
Will my child still receive the state early-start pension (Frühstart-Rente)?
Yes. The early-start pension (Frühstart-Rente) is a state programme; Rentenclub is a private offer from Gerhard Bartschat. The state contribution of €10 a month does not depend on whether you also register your child with Rentenclub. For the early-start pension, you take out a separate contract with a certified provider.
What happens to the money when my child turns 18?
With the state early-start pension (Frühstart-Rente), the state’s payments end at 18. The money remains invested and is paid out at 65 at the earliest. According to the offer, the Rentenclub pension also starts at 65. In both cases, the money is therefore set aside for retirement provision until pension age.
What happens if the early-start pension (Frühstart-Rente) is changed?
The Bundestag has passed the law; approval by the Bundesrat is still pending. If amounts or rules change, this affects the state subsidy. Rentenclub is separate from it and runs according to its own contract terms. This page is updated after every change; the date is shown in the section on the early-start pension (Frühstart-Rente).
How does Rentenclub manage without ongoing administration fees?
Rentenclub charges a one-off €49 registration fee and no ongoing administration fees after that. Before registration, you will receive written information on how the pension is financed and secured and who the product provider is, so that you can review it at your leisure or have it reviewed.
Can I cancel the registration?
The Rentenclub money-back guarantee applies to the registration. How and until when you can use it is set out in the documents you receive before registration, i.e. before you pay anything.
What happens if the parents separate?
Registration with Rentenclub relates to the child, not to the parents’ marriage or partnership. Who has to consent to decisions depends on who has parental custody. Please write to Rentenclub if anything changes in the family; for questions of family law, a family lawyer can help.
Children’s account or parents’ account: what is the difference?
In a children’s account, the money belongs to the child. It uses the child’s tax allowances, and from the age of 18 the child decides about it. In a parents’ account, the money stays with the parents; they can use it later, for example for the child’s education or training, and it is taxed as their income. A tax adviser can tell you which is more favourable in your case.
Request registration
Fill in the form. You will receive the registration documents in writing and can decide at your leisure.
- bartschat.gerhard@gmx.de