Direct bank2 products

N26 Altersvorsorgedepot: costs, variants and terms

N26 has announced 2 products for the Altersvorsorgedepot (Germany's new state-subsidised retirement investment account): Standarddepot (product name not yet announced), Altersvorsorgedepot (self-directed variant, product name not yet announced). This page lists everything N26 has published about it so far, with the source and the time we retrieved it.

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Before launch

Early registration: Pre-registrationSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)

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Standarddepot (product name not yet announced)

StandarddepotSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)

Costs

Not yet published:Total cost p.a.Account or contract feeFund 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 (fixed portfolio)announcedSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)
Initial allocation: depends on age (initially higher-risk ETFs)announcedSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)
Shift before retirement: automatic shift into lower-risk investments before retirementannouncedSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)
Investment choice: ETFs (not named)announcedSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)

Not yet published:Growth componentLow-risk componentContribution guarantee

Contributions and switching

Minimum contribution: €120 per year (minimum contribution for the subsidy)Source ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)
Pausing contributions: Yes, stop contributions and resume at any timeSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)
Allowance application: one-off subsidy application; N26 submits it (costs not stated)Source ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)

Not yet published:Lump-sum paymentsRiester transfer

Payout

Drawdown plan: monthly withdrawals from the year you turn 65; up to 30% as a lump-sum payoutSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)

Not yet published:Life annuityWithdrawal for owner-occupied property

Opening an account

How to sign up: N26 app or websiteSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)
Start: from January 2027, subject to certificationannouncedSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)

Not yet published:RequirementsCertificationSpecial features

Altersvorsorgedepot (self-directed variant, product name not yet announced)

Self-directed accountSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)

Costs

Investment

Who decides on the investment: self-directedannouncedSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)
Growth component: Choice of ETFs and fundsannouncedSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)
Low-risk component: Choice of ETFs and fundsannouncedSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)
Investment choice: subsidy-eligible ETFs and funds (range not stated)announcedSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)

Not yet published:Initial allocationShift before retirementContribution guarantee

Contributions and switching

Minimum contribution: €120 per year (minimum contribution for the subsidy)Source ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)
Pausing contributions: Yes, stop contributions and resume at any timeSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)
Allowance application: one-off subsidy application; N26 submits it (costs not stated)Source ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)

Not yet published:Lump-sum paymentsRiester transfer

Payout

Drawdown plan: monthly withdrawals from the year you turn 65; up to 30% as a lump-sum payoutSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)

Not yet published:Life annuityWithdrawal for owner-occupied property

Opening an account

How to sign up: N26 app or websiteSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)
Start: from January 2027, subject to certificationannouncedSource ↗ · retrieved 21 October 2026 at 13:19 (Berlin time)

Not yet published:RequirementsCertificationSpecial features

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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.