What are the benefits of American immigrants retiring?

As a world economic power, the United States has always been one of the ideal immigration destinations for global investors. What are the benefits of American immigrants retiring? Welcome to read!

1. Social insurance fund

The retirement age in the United States is 62 years early, 66 years normal and 70 years late. If you have a tax return record in the United States for ten years (which can be interrupted), you are eligible to receive social security funds after retirement. According to your annual tax return, the amount of social security payment ranges from $845 to $2,640 per month (according to the calculated inflation rate, the amount will increase by about 3% every year).

At the age of 62, he left early and began to receive a pension. The monthly amount will be 75% of the normal retirement amount. If you choose to postpone retirement at the age of 70 and start to receive social security benefits, you can receive 132% of the normal retirement age every month.

2. The company pension account established by the enterprise for the company's managers and full-time employees.

The pension account established by the company has three advantages:

(1) The company provides subsidies of more than 3%- 12% every year. For example, if the employee's annual income is 50,000 dollars, the company will deposit 65,438 dollars+0,500 to 6,000 dollars into the employee's pension account every year as a source of income after retirement.

(2) Employees can also choose to put part of their income into the company's pension account. This part of the invested money does not need to pay the personal income tax of the year, and the investment profit does not need to be taxed. Only when you receive it after retirement will you be taxed at the post-retirement tax rate.

(3) Even if the company goes bankrupt or changes jobs, there will be no loss of money in the company's pension account. When a legal dispute needs compensation, the money will not be paid to others. This is why many doctors choose to start receiving money from 40 1k after two years of retirement, because there is a two-year prosecution period, and after two years, there is no risk of medical accidents being complained by patients two years ago.

3. Individual pension account

Compared with the company's pension account. Except for the company's subsidy of 3%- 12%, the personal pension account enjoys the same treatment as the above (2) and (3).

4. Annuity

Annuity is also a kind of insurance, which is a wealth management product for investors to live too long and their savings are not enough to meet their future life, in order to ensure that investors can generate fixed income after retirement.

There are two kinds of annuities: immediate annuities and deferred annuities.

5. Medical security

Before the age of 65, companies or individuals are responsible for employees or their own medical insurance. After the age of 65, your medical insurance responsibility will be transferred to the government. After paying a small medical insurance fee every month, you will get one of the best medical insurance systems in the world.

It is worth noting that when you are 65 years old, you must remember to apply. After that, you will be fined, and it will be a fine for life.

Further reading: What are the benefits of ordinary people immigrating to the United States?

Immediate family members benefit

All American green card holders can apply for American green cards for their spouses and their minor children under the age of 2 1 after marrying foreigners.

Student loan

18 or more American green card holders can apply for various kinds of student loans in the year when they get the American green card. For example, the tuition of an excellent American private university is as high as about $30,000 a year. When American green card holders want to study for a two-year master's degree, they can get a loan of 60 thousand to 70 thousand dollars. After graduation, if you can't find a job, you don't have to pay the loan. After finding a job, pay it off in years. Usually only one-tenth of the salary is repaid every month. In America, no one can't go to school because of financial difficulties.

the birth of a child

Children born to any American (including illegal immigrants) in the United States will be regarded as American citizens, holding American passports, staying outside the United States without restrictions, and being free to enter and leave the United States for life. /kloc-citizens aged 0/8 will legally enjoy all the rights and interests of American citizens after taking the oath, including immediately handling American immigration for their spouses, children and parents.

tuition

/kloc-before going to college at the age of 0/8, all primary and secondary schools in the United States implemented compulsory education, that is, zero tuition (except aristocratic private boarding schools). Going to college (including graduate students and doctoral students) only pays local tuition fees. Take California for example. In a medium-level California public university, foreign students pay more than15,000 dollars a year, while "locals" pay only more than 2,000 dollars a year at California State University.

scholarship

For ordinary China people who are interested in applying for American university scholarships, they can only compete with outstanding people from all over the world for very limited scholarship places open to foreigners. But for people with American green cards, the scope of scholarships is far from what a foreigner can apply for. Because many scholarship institutions in the United States limit scholarships to "Americans" (people with permanent residency in the United States).

The government helps to find a job.

The United States government has specialized agencies to find jobs for Americans free of charge. As long as American green card holders register their skills, expertise and interests in this department, this department will find jobs for people free of charge. At the same time, the department also provides free training in basic skills (such as computer and English) for people waiting for employment to help them find jobs.