LexiLetter

Cancel Riester Pension — done in just a few minutes

Want to cancel your Riester pension contract? LexiLetter automatically creates your legally compliant cancellation letter. Please note: upon cancellation, subsidies and tax benefits must be repaid. Consider alternatives such as contribution-free status. Our AI generates a properly formatted DIN 5008 letter — sign digitally and send.

Important Tips

  • No statutory notice period — contract usually cancellable at any time
  • Subsidies and tax benefits must be repaid in full
  • Consider contribution-free status as an alternative: contract is paused, subsidies partially preserved
  • Provider switch instead of cancellation: capital can be transferred without losing subsidies

Notice Period

Riester contracts can generally be cancelled at any time. Please note: upon cancellation, subsidies are retroactively revoked — all received allowances and tax benefits must be repaid. Consider alternatives such as contribution-free status or switching providers.

Address

An Ihren Versicherer

How It Works

1

Describe

Describe in plain language what you want to write.

2

AI Creates Your Letter

Our AI generates a professional letter in DIN 5008 format.

3

Sign & Receive

Sign digitally and receive the finished PDF by email.

Frequently Asked Questions

What notice period applies to Riester contracts?

Most Riester contracts can be cancelled at any time without a notice period. The exact terms are stated in your contract documents. However, please note the significant financial disadvantages of cancellation.

What happens to subsidies and tax benefits upon cancellation?

Upon cancellation of a Riester contract, all received subsidies and tax benefits must be repaid in full (harmful use). The paid-out surrender value is also taxable. This can lead to significant financial losses.

What alternatives are there to cancellation?

Instead of cancelling, you can make the contract contribution-free (no further payments, but subsidies are preserved) or switch to a cheaper provider. Switching providers is possible without losing subsidies and is often the better alternative.

More Providers

Cancel Riester pension

Want to cancel your Riester pension contract? LexiLetter automatically creates your legally compliant cancellation letter. Please note: upon cancellation, subsidies and tax benefits must be repaid. Consider alternatives such as contribution-free status. Our AI generates a properly formatted DIN 5008 letter — sign digitally and send.

Cancel Riester pension