What does annuity collection mean?

The social assistance system includes the social security system, which is divided into three levels, and the second-level annuity system includes enterprise annuity and occupational annuity. The annuity system is a supplementary system to the basic old-age insurance system at the first level. At present, it is established independently and there is no statutory mandatory requirement. Today, I would like to talk to you about the concept of enterprise annuity and the knowledge of personal income tax when receiving annuity.

I. The concept of enterprise annuity 1. Defining enterprise annuity is a supplementary pension system, which is a supplementary pension insurance system independently established by enterprises. Refers to the supplementary old-age insurance system that enterprises and employees independently participate in on the basis of participating in the basic old-age insurance system (the first level) according to law. Without participating in the first-level basic old-age insurance system, there is naturally no second-level enterprise annuity system. 2. The amount of annuity payment is determined by the enterprise and employees themselves, but there is a limit according to the regulations. Enterprises shall not pay more than 8% of employees' wages, and employees and enterprises shall not pay more than 12% of employees' wages. In other words, according to the highest proportion of payment, enterprises can only be 8%, and enterprises can only be 4%. In fact, there are still many double 5%. For example, Zhang Moumou's salary is 1, yuan, so the enterprise annuity paid by him and his unit is up to 1,2 yuan, and the unit does not exceed 8 yuan. 8+4 or 6+6 or 7+5 is ok. 3. unlike receiving a pension, the pension is divided into individual accounts and overall accounts, but the annuity is only a personal account, and the unit payment and individual payment are all owned by themselves. Here, it can be owned by employees from the beginning, or it can be gradually owned by employees. The gradual period here is up to 8 years. There are two ways to receive enterprise annuity, one is to receive it once when you retire, and the other is to receive it monthly after retirement. After receiving the annuity, you can't get it again. The above are two normal ways to collect, and the following is an abnormal way to collect. If employees go abroad to settle down and return early, they can naturally be collected by the legal heirs.

second, when collecting the taxable annuity of the annuity, many people will choose to receive it on a monthly basis instead of a lump sum. The biggest reason lies in the taxation part. For example, Zhang Moumou works for a company with a salary of 1, yuan, and 8% of the company and 4% of the individual pay the provident fund. Zhang Moumou pays the annuity 4 yuan every month, and the unit pays 8 yuan, all of which goes into the personal account. When calculating personal income tax in Zhang Moumou, it is not calculated according to 1, yuan; secondly, it is calculated according to 9,6 yuan, and 4 yuan's annuity needs to be deducted. At the same time, the 8 yuan paid by the unit is not included in the personal income tax. In addition to the above 12 yuan, the distribution of operating income of annuity funds is also not subject to personal income tax. Is it permanently free of income tax? Think too much! 1. Individuals retire normally and receive an annuity. After an individual reaches the statutory retirement age, if the enterprise annuity meets the requirements, it will not be incorporated into the comprehensive income, but the tax payable will be calculated separately. For example, after Zhang Moumou retires, the enterprise annuity is 2, yuan, with a total of 139 months, and the enterprise annuity is 1438 yuan per month, and the tax payable is 1438×3%=53 yuan, which has nothing to do with the individual's comprehensive income. The monthly tax payment converted from quarterly payment is 53×3=159 yuan, and the annual payment is also required to pay 53×12=636 yuan. It is no problem to receive 2, yuan for 15 months. According to the calculation of 2 months, the total tax paid is 53× 2 = 1,6 yuan. 2. Individuals who have not reached retirement age will receive the enterprise annuity in one lump sum. At this time, they need to use the personal comprehensive income tax form for tax payment. For example, Zhang Moumou's personal enterprise annuity is 2, yuan, and Zhang Moumou needs to take it out once he has not retired. Personal tax payable = 2,× 2%-16,92 = 23,8 yuan. Among them, 1692 is the quick deduction of the third gear. 3. Once you reach retirement age, you need to use the comprehensive income reading tax rate table to pay taxes. For example, Zhang Moumou's personal occupational annuity is 2, yuan, which will be taken out at one time after reaching the age of 6. Personal tax payable = 2,× 45%-15,16 = 74,84 (yuan)

Summary Annuity is a supplementary guarantee for the aged. Naturally, the more the better, the more the better. In terms of tax amount, it is the best way to collect it monthly. It is a last resort to collect it before retirement age. It is the most uneconomical to collect it at one time when you reach retirement age. You have to pay 7, tax for 2, yuan.