Building savings are among the most popular and most natural savings products. The main thanks to tdr support from the state, which made it an unrivaled way of valuing pensions, even if only to a limited extent.
astnkem building spoons There can be any natural person with permanent residence in the country R (a citizen of the European Union is allowed to reside) and with a registered birth certificate (salary also for foreigners!) or the first person with a share in R (but without the right to state support). In order for the applicant to become a participant in a building society, a building society must conclude a building society contract, in which the agent undertakes to impose a regularly agreed contact and accepts the business conditions of the building society. As a rule, he has to pay a fee of 1% of the duty for concluding the contract. The amount represents the maximum amount of pensions that the client can receive from his contract after fulfilling the conditions for the allocation of loans from building savings, including own deposits, support and year.
Therefore, when setting the customs requirements, we should consider whether we will and will not draw, incl. If we only want to save, we should choose the amount of tax expected in the savings for the duration of the contract, ie the sum of all deposits, sttn support a year. In this way, we minimize the costs associated with concluding a contract. But watch out for pespoen tto stky. In such a case, the savings bank may refuse the initial deposit to the account, automatically increase the customs duty by, for example, 20,000 K (and deduct 1% of this externally) or even charge a penalty fee from the necessary externally.
Each citizen can conclude contracts with various building societies at the same time, depending on the weight and possibility, but the state support is provided only for one contract. An exception to your situation when a person has a building contract concluded and rides one within the framework of a child.
Vnosnost spoen a daov podmnky
The balances on these building societies are currently 2% per annum (two 3% per annum) and the years are recorded on 31 December (ie one quarter). The rate is fixed and the salary is paid all the time. In the past, it was customary for the savings banks to offer a favorable price for the so-called friendly clients (clients who have left a year ago) and gave 2%. On the market, however, years of rates fell and the savings banks got into the problem of how to deal with their clients’ funds so that they would make money. Therefore, and with one exception, we will not encounter such an approach now. A very significant contribution from the building savings is the support. It is provided in the form of various tasks paid from the central budget, which are written to their associated resources and together with them.
Since 1 January 2004, the rules of its provision have made significant changes with the aim of reducing the costs of the central budget and bringing it closer to current market rates. As contracts concluded before this date with old conditions, we will state both. The amount of support is set at 73% as 15% (two 25%) of the annual income, ie from deposits made in a given calendar year and written years. It is therefore not affected by the way in which pensions are paid.
The maximum support is 3,000 K per year (two 4,500 K), which corresponds to a total of 20,000 K (two 18,000 K). Funds that exceed this amount in one calendar year are transferred to the base of support for the following year. In the case of contracts concluded after 1 January 2004, it is a condition that they have been maintained with entitlement to state aid since their establishment. Sttn support is designed as an asset, and thus evaluates the client’s resources. In addition, its provision is not limited by the number of people involved. It is therefore possible to close the spoen with the name dt.
In order for the aid to be paid, it must be either:
- 1. erpn vr from the building connection, which is purposeful,
- 2. or the contract is terminated after at least 6 years of its duration (for contracts with the old rules after 5 years). In this case, the agents can be forced to any eluate.
If at least one of the conditions is not met, the backup support must be returned. years ago, but stay with the party. The situation is a bit tricky for contracts that were concluded in 2003 at the latest without the right to state support. In case there would be a minimum amount of support for 2005 and later, there would be new rules in the amount of support (ie 15% of max. 20,000 CZK), but the right to its payment would arise after 5 years from concluded a contract.
Thanks to the support, the overall return is still relatively high, and the written years from building societies are, unlike other bank deposits, exempt from personal income tax. With an annual rate of 2% pa and regular low lows, an average annual yield of 6.5% can be achieved in 6 years. This salary for a vi ronch deposit of up to 20,000 K. The old rules of state aid allowed the return of around 12% of ronch. The net input is slightly lower, as this result does not include the fee for concluding the contract (1% of the customs duty) and the fees for keeping it here (200360 K).
From the point of view of the security of the entrance, we can call the building joint a darkly safe savings product. years, the rate at which the savings bank evaluates the funds registered in our country is fixed at all times. The conditions of support may change, but as with the last change, they only had an impact on the new conclusion of the contract. The only uncertainty is the fee that the savings banks charge for keeping here. These can be unilaterally exchanged and savings banks have abused this in old contracts, for which they guaranteed high years of returns and additional bonuses. In such cases, the fees increased by more than 100% and in absolute terms to 550 K ron.
Deposits in building societies are covered by a insurance deposit with the same conditions as traditional bank deposits. As of September 7, 2001, the insurance applies to 90% of the deposit, up to a maximum of EUR 25,000 equivalent.
Special area: how to richly retire
Building spoon benefits:
- state support in the form of a subsidy of more than 15% of the savings amount, a maximum of 3,000 K. For contracts with the old rules of state support, it is 25%, a maximum of 4,500 K,
- In the evening, income from building savings is exempt from income tax,
- Deposits with building societies are as safe as with banks and up to 90%, maximum 25,000 euros,
- and on the fee for keeping there are the same conditions for the entire duration of the contract,
- The cost of pension savings, including the amount of support, is not limited in any way after the end of the connection.
Disadvantages of the building spoen:
- year for payment of sttn support creation and after six (respectively five) years,
- if the client needs to get to his pensions two, he must also pay a penalty of 0.5% of the duty,
- sttn support applies only to a limited vi deposit,
- Some savings banks set (and strictly require) a minimum of more
Excerpts from the book:
1. dl: Bank deposit as a spoc product
ryvek is from the book“Personal and family finances, 2.aktualizovan vydn“vydan nakladatelstvm City Publishing, who published publications in the FINANCE edition such as:
Make the investment
Investovn pro zatenky
Finann matematika pro kadho