What is the Meaning and Expansion of BES?
The Individual Pension System, also known as BES, is a personal retirement plan with a state contribution. By joining the BES system, you can determine your payment period individually and increase or decrease the contribution amount within this system. You can change your retirement plan four times a year, and your fund allocation six times a year. There is no withholding tax on Individual Pension funds. Additionally, you can make additional lump-sum payments of any amount you wish. You can take breaks from payments at any time and continue from where you left off later.
Why Should You Join the Individual Pension System?
Within BES, you have the right to withdraw from the contract within the first 2 months after the retirement contract. In this case, all your payments and investment gains will be refunded to you within 10 days. If you wish, you can transfer your contract and investment to another pension company after 2 years have passed. To retire from BES, you must have reached the age of 56 and remained in the system for 10 years. You can receive your savings as a lump sum or as a monthly pension, as you wish.
Advantages Provided by BES with Fiba Emeklilik
With the Individual Pension System, you can start investing for your future from today. This way, you can save and secure your dreams. With BES, you can become a state-supported individual by providing a second income during your retirement period. With BES, the state will regularly deposit 25% of the contributions into your account each month. This practice is a significant advantage that is not implemented anywhere else in the world. You can get information about the individual pension system from online websites.
