After his death, King Sigismund ceded his duchy and the Saxon electoral dignity to Margrave Frederick IV of Meissen from the House of Wettin.

Also known as "Albert the Poor", he inherited a land exhausted by the War of the Lüneburg Succession and Rudolf's long-time feud with the Archbishops of Magdeburg.

In order to generate some income, he controversially imposed the right to charge stall taxes on markets in the town of Wittenberg in 1421.

He decided that the behaviour of the townsfolk to their lord was inappropriate, but supported their market rights on condition that an apology was tendered to Albert.

In the third year of his reign the prince-elector died as a result of an accidental fire in a farmhouse on the Lochau Heath near Annaburg, where he was overnighting with his wife during a hunt.