The best way to pay social security at 47.

First of all, if you are an urban employee, you can learn about relevant policies and processes through the human resources department of your unit, and then pay social security fees according to regulations.

If they are migrant workers, they can go to the local rural social insurance institutions for consultation and purchase social security. In addition, it can also be purchased through the social security payment platform or social security agencies. For 47-year-old people, the way to buy social security is not much different from other age groups.

Benefits of paying social insurance:

1. Providing living security after retirement:

After paying social security, you can retire after reaching retirement age, and you can receive a monthly pension without continuing to pay. This money can pay for basic living expenses and enjoy a more comfortable old age.

2. Provide accident protection:

After paying social security, you can use medical insurance to insure hospitalization, use maternity insurance to reimburse children, and use work injury insurance to reimburse work-related injuries. In addition, unemployment insurance in social security can provide living security for the unemployed.

3. Eligible to buy a house and a car:

In some big cities, if you don't pay the local social security, you won't be qualified to buy a house, you won't be able to get a hukou, and you won't be able to participate in the car lottery.

4. Reduce the personal income tax paid:

The state stipulates that the social security part is exempt from personal income tax, so after paying social security, the personal taxable part will be less and the personal income tax to be paid will also be reduced.

To sum up: before paying social security, you should know that the fees you need to pay will definitely be more than the money you pay in the company. Because employees' social security is paid by individuals and companies, when you pay social security alone, you should pay it together with the company's proportion.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 10

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.