How to buy personal endowment insurance is the most cost-effective?

Endowment insurance is nothing more than two choices, one is social security pension, and the other is commercial pension. How to buy it is a good deal. Need to know how to pay for each method now and how to get it in the future.

Social security and pensions

There are many ways for self-employed people to choose social security for the aged:

The first is the endowment insurance for urban and rural residents.

Annual payment, ranging from hundreds to thousands in different regions, divided into basic pensions after retirement? Personal account pension, monthly basic pension 190 yuan (Henan province), personal account pension = total personal account? 139, it can be seen that the amount received each month is very limited.

II. Endowment insurance for urban workers

In this case, it is generally necessary to find an institution or company that can pay. Employees and individuals of the company shall pay 8% of the monthly salary, and the enterprise shall be responsible for 12%. If they pay it themselves, 20% will definitely be responsible for it all, and may have to pay part of the formalities. Although they receive more after retirement, it is not recommended, because 12% of them will go into the overall account. If the collection time is not long enough, there will be some losses.

Third, freelancers pay social security.

This method is encouraged by the state and can be handled by the local social security bureau. The monthly payment amount is 20% of the local social security payment base, of which 12% goes into the overall account and only 8% goes into the personal account. Therefore, like the payment method, if the retirement time is not long enough, it is a loss.

Commercial endowment insurance

The biggest advantage of commercial endowment insurance for self-employed individuals is that how much they pay is their own, and the way to receive it is flexible and unrestricted.

Commercial endowment insurance generally requires annual payment, and there are not many products that can be paid monthly. Therefore, it is good to have certain savings ability and habits, and the payment time is flexible. You can choose according to your own situation, including the age when you start to receive it, not necessarily according to the retirement age of the country.

In short, it is a few simple words, flexible, certain and stable.