The interest rate of this money in social security is as high as 8%. Can you take it out and use it?

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The interest rate of this money in social security is as high as 8%. Can you take it out and use it?

2019-03-01 15:46:48 332 ℃

Wen: Seventy-seven

Nowadays, it is very rare for robust financial products whose income can reach more than 6%. But in fact, there is an account beside you, and the annual rate of return can be as high as 8%.

That's right. It's an old-age insurance personal account.


Since 2016, when the Ministry of Human Resources and Social Affairs has raised the bookkeeping rate of individual account of urban employees'pension insurance substantially, the income of account has risen from an average of 2%-3% in previous years to 8.31%. Like last year, the published bookkeeping rate was 8.29%!

The interest rate of individual account of endowment insurance refers to that the social insurance agency accrues interest on the amount of deposit in individual account every year, which is used to calculate the interest rate of individual account deposit.

< p> The original individual account interest rate of endowment insurance is generally the bank deposit interest rate of the same period. The new interest rate is determined by reference to the wage growth rate, stipulates that the interest rate of fixed deposit should not be lower than that of bank, and interest tax is exempted.

That is to say, it is much more cost-effective to put money in an old-age insurance personal account than in a bank.

Money is keeping its value rather than shrinking. Only in this way can we better protect our basic life after retirement. < p >< section > < section > < section > < section > < section > < p > 02 < / P > < / section > < / section > < / section > < / section > < p > So some people think that since there is too little interest in the bank, the income in the Monetary Fund is not high, it is better to pay the old-age insurance directly and withdraw the principal and interest in a few years. The idea of

is very good, but if you really think so, you will lose a lot!

There are strict conditions for pension insurance refund. There are several common situations as follows:

1, reaching retirement age, paying premiums less than 15 years, or extending contributions but still far from the full 15 years, you can apply for refund;

2, when the insured dies before retirement, you can apply for the termination of pension insurance, and in your personal account. The principal and interest shall be inherited by the legal heir;

3. The insured person shall reside abroad for a long time or emigrate to other countries.

Want to surrender insurance, the operation is not so simple, even if the above conditions are met, only the principal and interest in our personal account can be returned. For every pension insurance we pay, only 40% is put into personal accounts, the other 60% is put into co-ordinated accounts and used to pay pensions to those who are now retired. We can understand that the pension insurance we are paying to the pooling account is the pension for the retirees. When we retire, it's the next generation's old-age insurance that pays us a pension.

If the ultimate goal of pension is not to pursue the return on investment to participate in insurance, it is clear that the act of "picking up sesame and throwing away watermelon". < p > < p > Although < strong > residential pension insurance < / strong > paid by individuals is totally included in personal accounts, the accounting interest rate of residential pension insurance is still set by local governments, which is about < strong > 2% - 4.5% < / strong > and the investment is of little significance. < p > < section > < section > < section > < section > < section > < section > < p > 03 < / P > < section > < / section > < / section > < / section > < / section > < p > after so many years of old-age insurance, how much money can you get when you retire?

When we retire, the monthly pension we receive consists of two parts: the basic pension and the individual account pension.

basic pension= [average monthly wage of on-the-job workers in the city at the time of retirement * (1+my average wage index)][2 x my total contributory years (length of service)*1%

personal account pension = cumulative deposit of personal account

can be seen from the above formula, personal account balance, average retirement City Wage and years of payment , these three factors affect the level of our retirement pension. The bigger the value, the more pensions.

and the composition of personal account balance mainly comes from the following three parts:

1, the principal of the current year's contribution;

2, the interest generated by the current year's principal;

3, the interest generated by the cumulative deposit of the calendar year.

Assuming that the annual interest rate can be maintained at 8%, the balance of accounts can be doubled every nine years according to the 72 rule.

Pension is a lifelong pension. After retirement, no matter how old you live, you can enjoy pension benefits.