– By 2060, 90 percent. of us will be living until retirement age, and one pensioner will fall by one person working. In addition, it will probably be lowered retirement age, which expects a large part of the population. It must be remembered that, despite the obvious advantages, this change entails also some long-term consequences for individuals currently employed. Experts point out that shortening the period of economic activity means that the less we will pay contributions to the future, more long, but for a lower retirement – says Jacek Treumann, board member of Legg Mason TFI SA.
If you want to that the level of our life after the professional career has not sharply, we really 3 choices:
– we can work on, despite reaching the retirement age
– we can count on the help of children,
– we can take care of private retirement and live on savings accumulated during the activity.
– in many developed countries, it is the last solution , that private pensions are not the only addition to the payment of the state, but as such. UK – a major injection of financial pensioner. A unique feature in the European Union is the Dutch system, due to the enormous popularity of mandatory pension schemes in the workplace. About 90 per cent. Dutch receives a pension from the gathered with the help of employers who are properly invested. In Poland also we have several options to save for a private pension, so that we can accumulate private pension capital. These include the Individual Pension Accounts, Individual Accounts Old Age Security and the Employee Pension Plans – adds Jacek Treumann.
Individual Retirement Account (IRA) – was founded in 2004 as one of the first opportunities to save on private retirement. Every year saving for the IRA have the right to set aside a certain amount, which under certain conditions will be exempt from profit tax. In 2016, you can pay on the account up to 12 165 PLN.
Individual Retirement Account Protection (IKZE) – the biggest advantages of such accounts are: flexibility, low costs and tax relief, which may amount to 875.88 zł, if we pay PIT 18 percent . or even to 1,557.12 zł if we pay PIT 32 percent. At IKZE we paid in 2016 up to 4866 zł. How often do we want to pay, depends solely on us, for example. We can pay a maximum amount of one-time, we pay equal monthly installments of 405.5 zł or irregular pay the amounts corresponding to our current financial situation.
It is worth noting that in the case of unexpected needs, we can dispense with new payments to IKZE and IKE, and pay set aside money or close the account at any time. Usually, the only consequence will be the duty increments withdrawn amount to your income in the settlement of PIT in the next year (IKZE) or include gains tax (IKE).
Employee Retirement Plan (EPP) – created at the initiative of the employer and that it is incumbent on the payments to the participants. The main advantage of EPP, in addition to gathering additional funds for retirement, is that pension payments are exempt from the 19% tax on profits. PPE solution is efficient for both the employee and the employer. The costs of maintaining PPE are included in the deductible, paid funds are also exempt from contributions to the Social Insurance Institution.
The funds raised for retirement accounts are inherited, so they can provide financial security also for heirs or persons entitled indicated by saving.
1. http://europa.eu/epc/pdf/ageing_report_2015_en.pdf
No comments:
Post a Comment