What kinds of pensions do American immigrants have?

# American Immigrants # Introduction The American immigrant pension system consists of three major systems, namely, social insurance benefits; Pensions of some companies and governments; And 40 1K and IRA that individuals participate in the payment. Let's introduce the pensions of American immigrants by category. Welcome to read!

1, social insurance benefits (

Social insurance benefits originated during the Great Depression in the late 1920s and were established by President Roosevelt. All employees employed by the company must participate, and a certain proportion of pre-tax income (currently 6.2%) is given to the US government.

2. Pensions of some companies and governments

The pension of company and government is easily confused with 40 1K, but the difference between them is very obvious. First of all, the pension does not require employees to pay, while 40 1K requires employees to deposit their income. Secondly, the welfare of pension is borne by the company and paid after employees retire. If the company goes bankrupt or runs poorly, the payment of pension is easily wasted; The funds in 40 1K account belong to employees, even if the company goes bankrupt or employees leave.

In the United States, pensions are not mandatory for companies. Because pension benefits are a heavy burden for companies, and retired employees don't want their pensions to be unusable after the company has problems, more and more companies reduce or don't provide pension benefits for new employees (that is, employees deposit a sum of money in their 40 1K accounts and companies deposit the same amount of money) as retirement benefits.

3. Personal contribution pension account: 40 1K and IRA.

Originally, employees did not need to participate in the management of social insurance benefits and pensions, and the monthly benefits after retirement were also determined. However, with the increasing expenditure, the company government tends to reduce the pension plan. For the younger generation who are still working, only 40 1K and IRA can really be relied on when they retire.

Further reading: the process of immigrants renting houses in the United States

1. Apply for renting a house

The first step for immigrants to rent a house in the United States is to submit an application. The application form may need to fill in the social security number and work certificate of American immigrants. If immigrants don't have a social security number, they can use a permanent resident card or show a salary slip as proof of work. In addition, you may have to pay a large application fee to apply for renting a house. Australian immigrants added that if they are unemployed American immigrants, they may need to find someone else to sign a rental contract. This person is called a * * * co-contractor. If the rent cannot be paid, the cooperative contractor has the responsibility to pay it on his behalf.

Sign a lease contract

In the United States, most lease contracts are for one year. Of course, immigrants can also find short rent, such as monthly rent. But the rent in short rent may be higher. Once you sign the contract, you agree to keep the house clean and in good condition. If the rented house is damaged, immigrants may have to pay extra.

Pay a deposit

Just like renting a house in China, renting a house in the United States also requires a deposit, which can be recovered at the end of the rental contract. But what American immigrants need to pay attention to is to check the condition of the house or apartment before moving in and tell the owners of the problems found. Before moving out, ask the owner whether it needs maintenance or cleaning, and then get back all the deposits.

4. Pay other rental fees

Immigrants must confirm the cost of each item before signing a rental contract. Some expenses may be higher in summer (using air conditioning) or winter (using heating). If living expenses are included, be sure to include this information before signing the contract.

5. Termination of the lease contract

In America, most owners require at least 30 days' notice to move out. Before signing the contract, immigrants should confirm that they have understood the terms of the contract and ask how many days before moving out.

Further reading: the rights and precautions of American immigrants renting houses

The United States is a country that pays attention to human rights, and immigrants also have the right to prohibit rent discrimination. Owners should not refuse to rent houses because of immigrants themselves. If the owner refuses on these grounds, it is illegal: race and skin color; Domestic reasons; Religious reasons; Gender reasons; Causes of disability; Or marital status. If immigrants think that the owner refuses to rent for any of the above reasons, they can contact the US Department of Housing and Urban Development for feedback and complaints.

Immigrants should pay attention to renting a house in the United States. If the house needs maintenance, they must first discuss with the owner, tell the owner the problem and ask for maintenance. If the owner doesn't take action, write to the owner and tell him the problem, and keep a copy of the letter. If the landlord still doesn't act according to the tenant's request, call the local housing management office. Most cities or local governments have special personnel to check the problems of houses, and ask the housing management office to send inspectors to check the problems. If the owner still doesn't solve the problem in the end, then immigrants can file a lawsuit.