To save for retirement turned out to be profitable

26 June 2018, 00:18 | Economy
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Average payments to those who have gone on a deserved vacation will increase several times. By 2024, pensions have reached about 20 thousand rubles, promised the head of the Ministry of Finance Anton Siluanov. According to him, now the government is considering indulgences for those who will save themselves for retirement. It is about deductions for personal income tax for the elderly themselves and income tax benefits for their employers. The latter will co-finance the savings of employees. "We believe that people who are of working age could create an additional resource for their use at retirement age," the first deputy prime minister said in an interview with Rossiya 1 television channel,. The concept of individual pension capital, for which the financial department and the Bank of Russia are advocating, involves participation in the voluntary pension savings system.

In their turn, employers and the state will co-finance them. "In order to make it interesting for both employees and employers, we will provide the appropriate incentives:.

they will reduce the tax base for taxing personal income on the one hand, and for employers will reduce the taxation of profits, "Siluanov assured.. He noted that in the Ministry already in the near future are going to develop and submit to the lower chamber a draft of the relevant law.




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