Launched in 36 places, the number of account holders has exceeded 17 million
How to handle personal pension business?
(Financial Advisor)
"I think personal pensions are very popular now, and I want to know how to open an account." On the first working day of the new year, Mr. Li, a Beijing citizen, came to the Tsinghua University Branch of China Construction Bank and wanted to consult about personal pension business.
"We have many ways to open an account, both online and offline." Sun He, the customer manager of the branch, immediately brought the latest information to Mr. Li, and introduced to him in detail the policies and regulations, tax incentives and deposit funds of the personal pension account use and collection.
After understanding clearly, Mr. Li opened a pension account in just over a minute on the CCB WeChat applet, and immediately deposited 12,000 yuan in deposits.
According to the actual situation that Mr. Li will retire within 10 years, Sun He introduced personal pension investment products such as savings deposits and stable funds for Mr. Li to choose from.
Not only that, Sun He also calculated the tax benefits that Mr. Li can enjoy by paying personal pensions. Based on Mr. Li’s annual income of more than 300,000 yuan, after paying personal pensions, he can enjoy personal benefits of about 2,400 yuan that year. Income tax benefits.
"I didn't expect it to be so convenient to open an account, and there are so many investment options, and life will be more secure in the future." After completing the procedures, Mr. Li said with satisfaction that he will continue to purchase personal pension products in the future.
On November 25, 2022, the personal pension system will be implemented in 36 places including Beijing, Shanghai, and Guangzhou.
Personal pension is a supplementary pension insurance system supported by government policies, voluntary participation by individuals, and market-oriented operation. It belongs to the part of the third pillar insurance that has national institutional arrangements. It is completely paid by individuals, fully accumulated, market-oriented operation, and can enjoy taxation discount.
According to regulations, participants need to open a personal pension account and a personal pension fund account. The funds in the account can be used to purchase qualified financial products, savings deposits, commercial pension insurance and public funds, etc. The annual payment limit is 12,000 yuan.
Statistics show that the number of individual pension account holders has exceeded 17 million.
"Since the implementation of the personal pension system, customers like Mr. Li have come to consult and handle business every day." Sun He told reporters that as of January 3, the Tsinghua University branch had opened thousands of personal pension accounts, with an average 25 new households were added every day.
"The outstanding feature of the personal pension account is that the account is closed. It can only be withdrawn and withdrawn at ordinary times. It can only be withdrawn when it meets the pension requirements such as retirement. This is a common practice in the management of personal pension accounts in the world. Guarantee account funds and income for pension purposes." Dong Ximiao, chief researcher of China Merchants Union and part-time researcher of Fudan University Financial Research Institute, told reporters that residents who have already participated in basic pension insurance but think that the level of pension security is insufficient can actively participate in personal pensions. Invest to provide better protection for your retirement.
"In addition to the characteristics of closed operation and preferential taxation, personal pension accounts can also enjoy certain preferential policies in terms of investment, such as preferential deposit interest rates and discounts on pension fund handling fees. In addition, the choice of pension products is relatively flexible. Within the scope, you can independently decide the amount you deposit each year, and decide where you want to invest your funds.” Cai Li, product manager of the Personal Finance Department of China Construction Bank Beijing Branch, told reporters that since the official opening of the personal pension business, the daily opening of personal pension accounts at the Beijing Branch of China Construction Bank has increased. Thousands, and the number of account openings during the peak period can reach tens of thousands.
Taking Zhongguancun Branch as an example, because it is located in Haidian District, there are high-tech enterprises and many schools, the individual pension account groups are mainly enterprise employees and school teachers, and the age group is concentrated between 35 and 55 years old.
Regarding the investment requirements of personal pension accounts, Cai Li suggested that ordinary residents should pay attention to the following points when opening personal pension accounts: First, personal pension accounts are unique for life, and participants can only open one personal pension account. account, and the corresponding personal pension fund account can only be opened with a commercial bank.
The second is that there are restrictions on the receipt of deposited funds. Only when you reach the pension age, or are completely incapacitated, or go abroad (territory) to settle, can you withdraw the money, so pay attention to planning the use of funds in advance.
The third is to pay attention to the risk level and term of the product when investing funds, and choose suitable products according to one's own risk tolerance.
"Residents who are closer to retirement are advised to choose more stable products. Residents who are farther away from retirement can choose more funds and wealth management products." Dong Ximiao said that ordinary residents should start from their own pension needs and invest according to their own needs. According to factors such as financial management ability, risk preference and investable funds, the product allocation of personal pension accounts should be done well.
(Our reporter Wu Qiuyu People's Daily)