"当前在个人养老金账户的配置中，投资者倾向于选择储蓄存款。但是据测算，一只年化收益率仅比储 蓄存款高出0.5个百分点的产品，在30年复利作用下，两者最终的收益差距会非常大。"上述某理财公司 投资经理说。 业内人士认为，由专业机构提供科学、系统的资产配置服务，以及通过全面提升养老理财"持有体验"增 强投资者长期持有的信心，这些举措有望激活养老理财市场的发展潜力。 受到三大因素制约 先来看销售推动力。某理财公司副总经理表示："多数投资者通过两个渠道接触养老产品：一是理财顾 问，二是主动推介产品的销售端。在各类养老产品中，销售人员推销保险产品最积极，其次是基金，可 能是受限于销售激励机制，销售人员推销理财产品的力度较弱。一个直观的体现是，理财顾问在微信公 众号等平台发布的保险产品文章最多。" 除了销售方不积极，收益率表现亦是重要因素。"在过去一段时间，理财产品的收益率相对保险产品来 说没有显著优势。"上述理财公司副总经理说。 最后来看消费者对养老资金的认知偏好。无论是年轻人，还是年长者，多数人将安全视为养老储备的首 要原则。在这一观念影响下，客户倾向于将养老资金配置于存款与保险产品，而非有一定风险的理财产 品和基金 ...

Core Viewpoint - The article discusses the implementation of personal pension tax incentives in China, highlighting the tax benefits during the contribution, investment, and withdrawal phases of personal pensions, effective from January 1, 2024 [2][3]. Summary by Sections Personal Pension Tax Policy - The personal pension will be taxed at a rate of 3% upon withdrawal, without distinguishing between principal and investment income [1][2]. - Contributions to personal pension accounts are deductible from taxable income up to a limit of 12,000 yuan per year [2][3]. - Investment income within the personal pension account is not subject to personal income tax [2]. Expansion of Personal Pension Products - As of May 27, 2025, six financial companies have issued a total of 35 personal pension financial products, with a notable increase in fixed-income products [5]. - The first batch of personal pension financial products was launched in February 2023, initially consisting of only 7 products, indicating significant growth in the market over two years [6]. Investment Strategy for Personal Pensions - A well-planned personal pension investment should focus on clear goals, long-term commitment, and dedicated funds for retirement [7]. - Financial institutions are encouraged to balance innovation with risk regulation to protect investors' interests [8].

Core Viewpoint - The article discusses various financial products suitable for retirement planning, emphasizing the importance of understanding the three pillars of retirement: basic pension insurance, enterprise annuities, and personal pensions. It highlights four main financial products for retirement planning: pension funds, high-dividend funds, regular cash flow combinations, and pension annuities [2][5][8][88]. Group 1: Three Pillars of Retirement - The first pillar is basic pension insurance, commonly known as social security pensions, which helps meet basic needs after retirement [5]. - The second pillar is enterprise annuities, which are not widely adopted in China and are mainly found in economically developed regions and certain industries [6][7]. - The third pillar consists of personal pensions, where individuals invest their own money to prepare for retirement, significantly impacting the disparity in retirement benefits [8]. Group 2: Financial Products for Retirement Planning - The first product is pension funds, which can be invested through personal pension accounts, offering tax benefits for high-income individuals [11][12]. - The second product is high-dividend funds, characterized by high dividend yields, suitable for long-term holding to generate income [32][34]. - The third product is regular cash flow combinations, such as the "Monthly Salary Treasure" investment strategy, which provides stable cash flow regardless of market fluctuations [46][48][50]. - The fourth product is pension annuities, which offer stable cash flow with minimal volatility, making them suitable for those seeking predictable income in retirement [61][62][66]. Group 3: Recommendations for Different Retirement Stages - For retired individuals, the "Monthly Salary Treasure" combination is recommended to ensure regular cash flow [77][79]. - For those not yet retired, a combination of the "Monthly Salary Treasure" and pension annuities is suggested, allowing for flexibility based on risk tolerance [80][81][86].

Core Viewpoint - The article discusses the urgent need for a comprehensive pension financial ecosystem in China to address the challenges of aging population and retirement planning, emphasizing the integration of finance, technology, and elder care services [1][6]. Group 1: Pension Financial Ecosystem - The pension financial ecosystem encompasses three main areas: pension finance, elder care service finance, and elder care industry finance, aiming to provide a holistic service system throughout an individual's life stages [2][3]. - Key elements of the ecosystem include participants such as government, financial institutions, elder care service providers, and technology companies, each playing a crucial role in policy-making, product offerings, and service delivery [2]. Group 2: Pension System Structure - The core of pension finance is the "three-pillar" pension system, which includes basic pension insurance, enterprise/professional annuities, and personal pensions, alongside a specialized asset management system to ensure safety and returns [3]. - The elder care service finance should establish comprehensive payment tools that integrate insurance, savings, and credit functions to enhance the accessibility of elder care services [3]. Group 3: Strategies for Different Life Stages - During the working phase (pension wealth accumulation), it is essential to enhance education and awareness about pension planning, innovate products and services, and foster collaboration with enterprises to provide tailored pension solutions [4]. - In the retirement phase (pension wealth consumption), expanding pension financial products and optimizing elder care service finance are critical, including the promotion of a "personal pension account+" model and improving service facilities [5]. Group 4: Future Development - The construction of a comprehensive pension financial ecosystem is a complex task requiring collaboration among government, financial institutions, technology companies, and consumers to provide personalized and sustainable pension solutions [5][6]. - The continuous development of financial technology and improvement of pension financial policies will create greater opportunities for the pension financial ecosystem, supporting the response to the challenges of an aging population [6].

Core Viewpoint - The article discusses various financial products suitable for retirement planning, emphasizing the importance of understanding the three pillars of retirement: basic pension insurance, enterprise annuities, and personal pensions [2][4][5][7]. Group 1: Three Pillars of Retirement - The first pillar is basic pension insurance, commonly known as social security pensions, which helps meet basic needs after retirement [4]. - The second pillar is enterprise annuities, which are not widely adopted in China and are mainly found in economically developed regions and profitable industries [5][6]. - The third pillar consists of personal pensions, where individuals invest their own money for retirement, significantly impacting the disparity in retirement benefits [7]. Group 2: Financial Products for Retirement Planning - The article introduces four common financial products for retirement planning within personal pension accounts: pension funds, high-dividend funds, regular cash flow combinations, and pension annuities [12][54]. Pension Funds - Pension funds refer to public funds available for personal pension accounts, allowing tax deductions on contributions, which is beneficial for high-income individuals [10][11]. - Two main types of pension funds are discussed: pension FOF funds and index funds [13][19]. Pension FOF Funds - Pension FOF funds invest over 80% of their assets in other funds and are categorized into target date FOFs and target risk FOFs, with varying stock and bond allocations based on age [14][16][18]. Index Funds - As of March 31, 2025, there are 85 index funds included in personal pension accounts, covering 16 mainstream stock indices [20][22]. High-Dividend Funds - High-dividend funds, such as dividend index funds, are suitable for long-term holding, providing higher dividend yields over time [25][26]. Regular Cash Flow Combinations - The "Monthly Salary Treasure" investment combination offers approximately 6% annual cash flow, allowing flexible cash flow options [35][40]. - Investors can choose to receive cash flow weekly or monthly, with the total cash flow amount being stable over time [39][42]. Pension Annuities - Pension annuities provide a fixed annual income after a certain age, with minimal market volatility, making them suitable for those seeking predictable cash flow [55][58][61]. Group 3: Retirement Planning Strategies - For retirees, the "Monthly Salary Treasure" combination is recommended for immediate cash flow needs, while younger individuals can combine pension annuities and the "Monthly Salary Treasure" for a balanced approach [64][66]. - A hypothetical case illustrates a 50-year-old investing in both products to secure cash flow before and after retirement [67][71].

文 | 银行螺丝钉 （转载请注明出处） (1) 在主页点击「查&办-个人养老金扣除 管理」； (2) 选择「 "一站式"申报」或「录入凭 证申报」即可。 有的朋友可能会有疑问,把钱存到个人养 老金账户，是不是需要马上买养老基金、 养老保险等，才能享受个税优惠呢? 其实不需要。 ·到退休后支取的时候,再按照3%的税率 来缴税。 所以，如果有朋友在2024年，往个人养老 金账户里存过钱，也是可以申请退税的。 具体要如何操作呢? 大家可以在「个人所得税」 APP中，按照 以下步骤来进行: °仔八吵，↑芾岁父丫忧， ▼点击阅读原 文，免费学习大额家庭资产配置课程 ...