@Epoophoron Yes, but with restrictions. Before the payout phase, a Riester pension can generally be bequeathed or transferred to a spouse. Otherwise, government contributions and tax benefits may be reclaimed. So it’s not comparable to a regular investment account.
@Epoophoron No, the money isn’t simply lost in the event of a sudden death. Retirement savings are generally inheritable. In the case of a spouse, they can even be transferred to the spouse’s own retirement savings account without any deductions. For other heirs, however, government contributions and tax benefits may be reclaimed.
