Fund company2 products

Deka / Sparkassen Altersvorsorgedepot: costs, variants and terms

Deka (Sparkassen-Finanzgruppe) has announced 2 products for the Altersvorsorgedepot (Germany's new state-subsidised retirement investment account): Deka-Vorsorge, Deka-VorsorgePlus. This page lists everything Deka / Sparkassen has published about it so far, with the source and the time we retrieved it.

Deka / Sparkassen website ↗Compare all providers

Before launch

Early registration: NoneSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)

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Deka-Vorsorge

StandarddepotSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)

Costs

Total cost p.a.: 0.1% p.a. (effective costs; ETF costs only, account free of charge)announcedSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Account or contract fee: €0 (account and allowance administration free of charge)announcedSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Fund costs (TER): 0.1% p.a. for the underlying ETFsannouncedSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)

Not yet published:Refund of fund costsFront-end loadSavings plan feeFee for purchases and salesDepends on pricing planCost of switching providerCosts in the payout phase

Investment

Who decides on the investment: managed (classic variant with automatic steering) or choose your own equity share (individual variant); switching between variants possibleSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Growth component: Deka global equity ETF (name/ISIN not yet published)Source ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Low-risk component: European bond fund/ETF from Deka (name/ISIN not yet published)Source ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Initial allocation: 100% equity ETF (classic variant)Source ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Shift before retirement: 5 years before retirement equity share cut to 50%, 2 years before reduced by a further 20 percentage points (classic variant)Source ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Investment choice: 2 Deka ETFs (equity ETF + bond ETF); equity share self-managed in the individual variantSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Contribution guarantee: None (standard product without guarantee)Source ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)

Contributions and switching

Minimum contribution: €120 p.a. minimum own contribution for the subsidy (statutory); product-specific minimum instalment not statedSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Riester transfer: transfer of existing Riester contracts into the new Altersvorsorgedepot named as an option; costs not statedSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Allowance application: Allowance administration free of chargeannouncedSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)

Not yet published:Lump-sum paymentsPausing contributions

Payout

Drawdown plan: Fund drawdown plan to age 85 or longer; 30% partial withdrawal at the startannouncedSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)

Not yet published:Life annuityWithdrawal for owner-occupied property

Opening an account

How to sign up: all local Sparkassen and digitally via the Sparkasse appSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Requirements: Held in a DekaBank account via the Sparkasse; Deka recommends opening the account in advanceSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Start: January 2027Source ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Special features: Frühstart-Rente for children also at 0.1% effective costsSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)

Not yet published:Certification

Deka-VorsorgePlus

Self-directed accountSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)

Costs

Total cost p.a.: 1.0 to 1.5% p.a. (effective, depending on the contract term)announcedSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Account or contract fee: €0 (account and allowance administration free of charge)announcedSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)

Not yet published:Fund costs (TER)Refund of fund costsFront-end loadSavings plan feeFee for purchases and salesDepends on pricing planCost of switching providerCosts in the payout phase

Investment

Who decides on the investment: managed (actively managed, lifecycle model; Chance or Balance variants)Source ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Growth component: actively managed Deka fund modules (up to three), names not yet publishedSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Low-risk component: Bond funds, then money market funds at the end (names not yet published)Source ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Initial allocation: 100% equities at a young ageSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Shift before retirement: Life-cycle model; the growth-oriented model reduces the equity share later than the balanced oneSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Investment choice: up to three actively managed Deka fund modules (no free fund selection)Source ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)

Not yet published:Contribution guarantee

Contributions and switching

Minimum contribution: €120 p.a. minimum own contribution for the subsidy (statutory); product-specific minimum instalment not statedSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Riester transfer: transfer of existing Riester contracts into the new Altersvorsorgedepot named as an option; costs not statedSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Allowance application: Allowance administration free of chargeannouncedSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)

Not yet published:Lump-sum paymentsPausing contributions

Payout

Not yet published:Drawdown planLife annuityWithdrawal for owner-occupied property

Opening an account

How to sign up: Sparkasse with personal advice (offered at all Sparkassen and digitally)Source ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Requirements: Held in a DekaBank account via the SparkasseSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Start: January 2027Source ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)
Special features: Chance and Balance variants, switching possible during the term; costs fall the longer the contract runsSource ↗ · retrieved 21 October 2026 at 13:35 (Berlin time)

Not yet published:Certification

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Legal notice

This article is for general information and reflects the position at the time of publication. It does not constitute investment advice, investment brokerage, tax advice or legal advice.

The study results, scenarios, model calculations and diagnostic questions presented here are no substitute for an assessment of your personal circumstances. Whether a retirement product suits you, and whether changing an existing Riester contract is advantageous, depends on your individual contract terms, financial goals and personal situation.

Depending on the product and the subject of the advice, different regulatory permissions may be required, for example under § 34d, § 34f or § 34h GewO. Capital investments carry risk. Past performance is not a reliable indicator of future results.

We cannot guarantee that the information on this page is current, accurate or complete. You will find all up-to-date product and price information on the respective providers' own websites. You can see how we award points for each individual condition in our scoring overview. We highlight the highest-scoring providers as top recommendations at the start of the page.

English translation: This is a convenience translation. Vorsorgedepot-Lotse is a German provider and the German version of this page is the legally binding text; in the event of any discrepancy, the German wording prevails. View the German version.

As at: 21 October 2026.