Neobroker2 products
Scalable Capital Altersvorsorgedepot: costs, variants and terms
Scalable Capital has announced 2 products for the Altersvorsorgedepot (Germany's new state-subsidised retirement investment account): Altersvorsorgedepot – Standard, Altersvorsorgedepot – Selbst entscheiden. This page lists everything Scalable Capital has published about it so far, with the source and the time we retrieved it.
Before launch
Early registration: Pre-registrationSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
Promotion: Prize draw: 5 winners each receive €540/year paid into the AVD until retirement (max. to age 67); enter by pre-registering 27.08.–31.12.2026Source ↗ · retrieved 21 October 2026 at 13:24 (Berlin time)
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Altersvorsorgedepot – Standard
StandarddepotSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)Costs
- Total cost p.a.
- 0% in 2027 (account, custody, savings plans, orders, deposits/withdrawals €0; ETF costs waived in 2027)Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Account or contract fee
- €0Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Fund costs (TER)
- 0% p.a. in 2027 (ETF fees waived until at least 31.12.2027); thereafter not yet publishedSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Refund of fund costs
- No ETF fees in the Standarddepot until at least 31.12.2027 (Rentenbonus does not apply here)Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Savings plan fee
- €0Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Fee for purchases and sales
- €0Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Depends on pricing plan
- No – €0 orders in the Standarddepot regardless of pricing modelSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Costs in the payout phase
- €0 (withdrawals and drawdown plans free of charge)Source ↗ · retrieved 21 October 2026 at 13:22 (Berlin time)
Not yet published:Front-end loadCost of switching provider
Investment
- Who decides on the investment
- managed (Standarddepot, age-based allocation)Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Growth component
- growth-oriented equity ETF (name/ISIN not published)Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Low-risk component
- lower-risk bond ETF (name/ISIN not published)Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Initial allocation
- automatically age-based (specific starting allocation not published)Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Shift before retirement
- Equity share 5 years before retirement max. 50%, 2 years before 30%; rules adjustable free of chargeSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Investment choice
- two ETFs set by Scalable (equity ETF + bond ETF)Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Contribution guarantee
- no contribution guarantee (0%)Source ↗ · retrieved 21 October 2026 at 13:22 (Berlin time)
Contributions and switching
- Lump-sum payments
- YesSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Pausing contributions
- Yes, contributions can be pausedSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Riester transfer
- Yes, from 1.1.2027; incoming Riester transfer free of chargeSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Allowance application
- Standing application by power of attorney or annual individual application, digitally in the appSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
Not yet published:Minimum contribution
Payout
- Drawdown plan
- Yes: from 65, up to 30% as a lump sum, the rest as a monthly plan to at least 85Source ↗ · retrieved 21 October 2026 at 13:22 (Berlin time)
- Withdrawal for owner-occupied property
- Yes, withdrawal for owner-occupied property without losing the subsidySource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
Not yet published:Life annuity
Opening an account
- How to sign up
- online (app/web)Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Requirements
- Scalable account; AVD as a separate securities account within the Scalable accountSource ↗ · retrieved 21 October 2026 at 13:24 (Berlin time)
- Start
- 1 January 2027Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Special features
- Life-cycle rules adjustable at any time free of charge; Scalable prize draw (5 × €540/year until retirement) for pre-registration by 31.12.2026Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
Not yet published:Certification
Altersvorsorgedepot – Selbst entscheiden
Self-directed accountSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)Costs
- Total cost p.a.
- only order and fund costs: €0 account/savings plan, orders €0 (PRIME+) or €0.99 (FREE), ETFs from 0% p.a.Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Account or contract fee
- €0Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Fund costs (TER)
- from 0% p.a. (depends on selection; TER of the Rentenbonus ETFs is credited back)Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Refund of fund costs
- Rentenbonus: TER of 17 ETFs (Scalable, Xtrackers/DWS, iShares, Vanguard) is credited and reinvested; list may change, bonus may be restricted or discontinuedSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Savings plan fee
- €0Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Fee for purchases and sales
- €0.99 (FREE) or €0 (PRIME+)Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Depends on pricing plan
- Yes – FREE: €0.99 per order; PRIME+: €0Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Costs in the payout phase
- €0 (withdrawals and drawdown plans free of charge)Source ↗ · retrieved 21 October 2026 at 13:22 (Berlin time)
Not yet published:Front-end loadCost of switching provider
Investment
- Who decides on the investment
- self-directed (decide for yourself)Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Shift before retirement
- no automatic rebalancing; investors reduce risk themselvesSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Investment choice
- Equity, bond and commodity ETFs, ELTIFs and funds up to risk class 5Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Contribution guarantee
- no contribution guarantee (0%)Source ↗ · retrieved 21 October 2026 at 13:22 (Berlin time)
Not yet published:Growth componentLow-risk componentInitial allocation
Contributions and switching
- Lump-sum payments
- YesSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Pausing contributions
- Yes, contributions can be pausedSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Riester transfer
- Yes, from 1.1.2027; incoming Riester transfer free of chargeSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Allowance application
- Standing application by power of attorney or annual individual application, digitally in the appSource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
Not yet published:Minimum contribution
Payout
- Drawdown plan
- Yes: from 65, up to 30% as a lump sum, the rest as a monthly plan to at least 85Source ↗ · retrieved 21 October 2026 at 13:22 (Berlin time)
- Withdrawal for owner-occupied property
- Yes, withdrawal for owner-occupied property without losing the subsidySource ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
Not yet published:Life annuity
Opening an account
- How to sign up
- online (app/web)Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Requirements
- Scalable account; AVD as a separate securities account within the Scalable accountSource ↗ · retrieved 21 October 2026 at 13:24 (Berlin time)
- Start
- 1 January 2027Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
- Special features
- Rentenbonus usable before launch (TER on purchases/savings plans in the brokerage account from 09.10.2026 is credited to the AVD)Source ↗ · retrieved 21 October 2026 at 13:23 (Berlin time)
Not yet published:Certification
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