Core Points - The article emphasizes the importance of personal pension contributions for tax deductions before the end of the year, highlighting that contributions made before December 31, 2025, can be counted towards this year's tax deduction limit [1][8] - Personal pension contributions are capped at 12,000 yuan annually, which can be deducted from taxable income, providing significant tax savings for individuals with higher income tax rates [1][8] - Investment options for personal pensions have diversified, allowing for better alignment with different risk preferences and financial goals [2][9] Tax Benefits - Contributions to personal pension accounts are fully deductible from taxable income, directly reducing the taxable amount [1][8] - Investment income generated within the personal pension account is not subject to personal income tax until withdrawn [1][8] - Withdrawals from personal pensions will be taxed at a flat rate of 3%, simplifying the tax process for individuals [2] Investment Options - The article discusses three specific funds offered by Guotai Fund that are included in the personal pension Y share category, which offers lower fees compared to regular fund shares [3][9] - The Guotai CSI 300 Index Fund is suitable for investors who want to track market dynamics closely [4] - The Guotai Min'an Target Date 2040 Fund adjusts its equity allocation based on the investor's age, showing a 33.30% return over the past six months, significantly outperforming its benchmark [5] - The Guotai Minze Balanced Target Fund maintains a fixed equity allocation of 30%-45%, catering to moderate risk investors [6] Personal Pension System - The personal pension system is designed as the "third pillar" of retirement savings, complementing the basic pension and enterprise annuities, making it accessible to a wide range of individuals [7][8] - The system allows voluntary participation for all workers with basic pension coverage, enhancing the inclusivity of retirement planning [7] Y Share Advantages - Y shares are specifically designed for personal pension accounts, offering significant fee advantages that can lead to substantial savings over the long term due to compounding effects [9]