Rule to guarantee INSS at 50 years of age

2023-10-09 11:54:52

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Rule to guarantee INSS at age 50 Most people who are over 50 and who are thinking about retirement always start the conversation with some questions:

What is the best retirement for me? How do I calculate to know how much time I have? How should I pay INSS to be able to retire with a higher amount? Can I increase contributions to get a better benefit?

WHAT ARE THE QUESTIONS OF THOSE WHO GO RETIRE?

The answer is insecurity. It is a decision that will have consequences for the rest of your life.

The worker must be aware that he may be entitled to more than one retirement or be close to a larger retirement, so it is good to have all the information to choose the most advantageous one.

DOES INSS TELL YOU WHAT IS THE BEST RETIREMENT?

It is written in the law that the INSS should inform the insured about this, but unfortunately there is a huge backlog of processes and Social Security is not even able to finalize the benefits that it needs to analyze.

And how will you have time to help and better inform workers?

In the law it is written like this:

It will be up to the INSS to grant the most advantageous benefit to the applicant or a benefit other than that required, as long as the elements contained in the administrative process ensure the recognition of this right.

But in practice the theory is different.

HOW DO I RECEIVE EVERYTHING THAT IS DUE TO SOCIAL SECURITY?

The worker trusts Social Security, but does not know that it will not provide complete guidance on all the possibilities of more advantageous retirement rules, so the insured ends up making mistakes, taking the retirement that they “think” is the best.

As Social Security does not provide this information, the challenge is to find out in advance which pension is or will be the most advantageous, giving you time to quickly decide “How” contributions should be made, avoiding paying more than you will receive.

And, above all, receive everything you are owed.

Pension planning must highlight especially when the insured person is going to retire. In every possible way. Now, in a year, in three years, in short, all the possibilities.

After knowing when they will retire, the insured will have another challenge: simulating the calculation of each of these benefits.

If you have benefits that will happen at future dates, simulate at least three situations:

Considering the value of the average salary you already have in the months remaining to reach each of your retirements; Considering the value of the INSS ceiling in these months that remain to be contributed; Considering the value of the minimum wage in the same months.

Then you will certainly be able to choose the best situation.

DO I RETIME NOW OR WAIT A LITTLE MORE?

This question will be inevitable when you realize that you will have a benefit with a higher value at a later date than the date you intend to retire.

The Insured must make the following account:

What is the value of the closest benefit (with the lowest value) What is the future value of the benefit (with the highest value) What is the difference between the value of the highest and the lowest How long will it take to recover the amount you will no longer receive.

With these numbers in hand, it will be possible to know what is most advantageous.

EXAMPLE OF THE MOST ADVANTAGEOUS BENEFIT.

Consider, for example, that the insured would be immediately entitled to a benefit of R$2,000.00 and that in ten months he would complete the requirements for another retirement rule that would guarantee him a benefit of R$3,000.00.

You can already see that the difference is R$ 1,000.00, and it is for the rest of your life and can also affect the benefits for dependents.

The insured will no longer receive around R$ 21,666.67, but with the increase in the value of the benefit, in 22 months they will recover everything they stopped receiving and will have a much greater benefit forever.

In this case, it will be worth waiting for the most advantageous benefit, even if you fail to receive the lower value benefit in advance.

In some cases, the Insured may choose a lower benefit, even if the higher value is closer, when this choice brings him some personal advantage. Source: Bocchi Advogados