Is it necessary to buy social security at the age of 42?

Legal analysis: It is necessary to buy insurance at the age of 42, which is also a powerful guarantee for yourself.

Legal basis: Article 2 of the Regulations for the Implementation of the Social Insurance Law. When individuals who participate in the basic old-age insurance for employees reach the statutory retirement age, if the accumulated payment is less than fifteen years, the payment may be extended to fifteen years. After the implementation of the Social Insurance Law, if the payment is extended for five years but still less than fifteen years, it can be paid in one lump sum for fifteen years.