2024-01-28 18:32:54
During their working life in Colombia, workers must contribute a monthly payment towards their pension. However, some people do not make this payment or are unable to meet all the contribution weeks needed.
For these cases, there are those who create a savings plan that allows them to accumulate the capital necessary to support themselves when they are of advanced age. This is usually not an easy decision, but with these tricks you can start saving.
According to the ‘Saber Más’ portal, you should save at least 10% of your monthly income. If you manage to save this percentage for at least 10, 15 or 20, you will be able to accumulate a good amount of money for your retirement from working life.
(Read also: This will change in Citizen Income if it was part of Families in Action or VAT Refund).
Additionally, you can invest this capital in a CDT and choose the term that provides the best return. It is recommended that you consult with a person who is an expert in the financial sector to advise you on investing in products such as bonds, stocks and TES.
You can also create a programmed savings account or an account to supplement your pension income, this also allows you to accumulate the necessary capital and define monthly installments.
There are different ways to save for your pension in old age.
On the other hand, you can also enter the Periodic Economic Benefits (BEPS), which according to Colpensiones, are a savings alternative so that Colombians who have incomes less than 1 SMLMV can receive an income for life, once they reach the age of majority. retirement, which in the case of women is at 57 years of age and for men at 62.
(Keep reading: Majorities and requirements in assemblies, document management and external security quota).
The BEPS is a voluntary and flexible savings, so that Colombians can save what they can, whenever they want and, in addition, they will receive an additional 20% as support for the effort. You should keep in mind that the value of the income you may receive will depend on the contributions you have made.
In the event that you are contributing to a pension, but upon reaching retirement age you do not meet the requirements to obtain it, you can transfer your resources to the BEPS program and then receive an income for life.
DANIELA LARRARTE ASAAD
DIGITAL SCOPE EDITORIAL
TIME
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