How does this figure come about?

The calculation is based on a savings rate of 150 € over 18 years:
ETF solution: Ø 6 % p. a. → approx. € 58,700
Savings book: Ø 0.1 % p. a. → approx. € 33,000

📌 Exemplary calculation - no forecast, no guarantee.
The actual development depends on the market development.

What does "tax-free" actually mean?

In many cases, the money saved can be later paid out tax-free are - e.g. if:
- your child has no income during his/her studies
- a non-assessment certificate is available
- no upfront fee as with a custody account

📌 The actual tax burden depends on the individual case - we do not provide tax advice.