Kindergeld is a financial support provided by the German government to families, translating literally to “child money” in English.
What is “Kindergeld”?
Kindergeld is a state benefit in Germany aimed at easing the financial burden on families by providing them with a monthly payment for each child. This support is available to all parents or guardians residing in Germany, regardless of their nationality, as long as they meet certain conditions. The primary goal of Kindergeld is to contribute to the cost of raising children, ensuring their basic needs are met.
More information about “Kindergeld”
As of 2024, the amount of Kindergeld is set at 250 euros per month for each child. This amount is uniform, regardless of the number of children in a family. The benefit is paid until the child reaches the age of 18, but it can be extended under certain conditions, such as if the child is still in education or training, until the age of 25. Additionally, there are no income limits for receiving Kindergeld, making it a universal benefit for families. In cases where parents are separated or divorced, the parent with whom the child primarily resides is usually the one to receive the Kindergeld. It’s important to note that Kindergeld must be applied for; it is not automatically granted upon the birth of a child.
Related to “Kindergeld”
Here are some additional terms that are related to Kindergeld:
- Elterngeld: A benefit paid to parents who take time off work to care for their newborn child.
- Kinderzuschlag: A supplementary payment for low-income families to ensure children’s basic needs are covered.
- KinderfreibetragThe "Kinderfreibetrag" translates to "child allowance" in English, referring to a fixed amount deducted from taxable income in Germany, thereby... More: A tax allowance for parents, which can sometimes be more beneficial than receiving Kindergeld, depending on the parents’ income.
In conclusion, Kindergeld is a crucial component of Germany’s family policy, providing financial support to families with children and thereby contributing to the welfare of the next generation.