No Pillar III benefit at all?
Good day, I just wonder why there is an additional tax on it. I started paying into my III Pilkar since June 2024 because I am foreigner and started working. I go in pension in 2032, hence I have payed only around 8 years. Even with the profit I currently get, if I have to pay 22% income tax, I get the same as I have payed in. And if I count additional the inflation, I get only 70-80% out. What is then the benefit with the III Pillar? Note: Nobody told me that. It seems, it is better to invest in stocks and fonds or realestate which give a nice benefit. Note 2: I started in January 2025 with stocks and funds and got already in the first year over 50€ dividends. If I continue tjis way until 2032, i will get over 200€ dividends a month and since the current taxfree income is 700€ its benefit is much higher.