vermögenswirksam

Adj. capital-creating (through fiscal grants and tax concessions), weitS. (gewinnbringend) profitable; vermögenswirksame Leistung employer’s contribution(s) to tax-deductible (employee) savings scheme (Am. plan); vermögenswirksames Sparen saving as part of employee savings scheme (Am. plan) to which the employer and state also make contributions

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ver|mö|gens|wirk|sam

1. adj

profitable, profit-yielding

vermö́genswirksame Leistungen — employer's contributions to tax-deductible savings scheme

2. adv

Geld vermö́genswirksam investieren — to invest money profitably

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ver·mö·gens·wirk·sam

adj FIN asset-creating attr, capital-forming attr

\vermögenswirksame Leistungen wealth [or asset] creation benefits, asset-forming contributions

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vermögenswirksam adj capital-creating (through fiscal grants and tax concessions), weitS. (gewinnbringend) profitable;

vermögenswirksame Leistung employer’s contribution(s) to tax-deductible (employee) savings scheme (US plan);

vermögenswirksames Sparen saving as part of employee savings scheme (US plan) to which the employer and state also make contributions