Exclusive Content:

Home Office Blunder: Thousands of Deportation-Intended Migrants Missing Before Rwanda Flights

A recent revelation has cast a glaring spotlight on...

Taxes: here is the (large) amount of the advance that the tax authorities will pay you on Monday January 15

The end-of-year holidays have just ended and it is...

Weather: what will the weather be like in February, March and April?

At the start of 2024, the temperatures on the...

Retirement: how much does it cost to buy back a quarter?

spot_img

Before retiring, it is better to anticipate your steps to leave with complete peace of mind. To benefit from a full pension, it is therefore useful to check the number of quarters contributed, essential in the calculation of a maximum retirement pension. When quarters run out, it is possible to buy back necessary quarters. You can completely set up this buy-back well before the time of your retirement and look calmly to the future. But how much does it cost to buy back a quarter?

If you are missing quarters to obtain a full rate, you can turn to the redemption of quarters, useful to recover your years of higher education and other incomplete years. It is thus possible to consider buying back quarters based on the rate alone or buying back quarters based on the rate and duration of insurance. The rates will therefore fluctuate depending on the option to buy back quarters chosen. The amount of the payment for a redeemed quarter will also be fixed according to the age of the insured at the time of redemption, the average annual amount of income, but also the social affiliation scheme.

The value of the quarter buy-back is proposed according to the scale of the payment for the retirement. It is established in euros or in percentage and corresponds to the income of the insured. It may differ depending on the policy of the insured. For example, in the event of affiliation to the general scheme, if you wish to buy back three quarters at the age of 55, the cost of your buy-back will depend on your income. In the case of an average annual salary of 45,000 euros, the price of a quarter for the rate alone will be 3,973 euros. For three quarters, the sum will amount to 11,919 euros.

Latest articles

Tragic Crash at White House Perimeter Gate Claims Driver’s Life, Secret Service Clarifies Incident

Tragic Accident at White House Gate In a tragic turn of events, a driver lost...

Anne Hathaway Captivates in The Idea of You: A Deep Dive Film Analysis

Anne Hathaway's Compelling Performance: Delving into the Heart of "The Idea of You" Anne Hathaway's...

Nvidia and AMD Stocks React as Semiconductor Sector Faces Turbulence

The semiconductor market experienced significant fluctuations as Nvidia and AMD stocks reacted to industry...

Adrian Newey Announces Departure: Red Bull Racing Faces Transition in F1 Design Leadership

End of an Era: Adrian Newey Announces Departure from Red Bull Racing In a significant...

More like this

Home Office Blunder: Thousands of Deportation-Intended Migrants Missing Before Rwanda Flights

A recent revelation has cast a glaring spotlight on the Home Office, as it...

Taxes: here is the (large) amount of the advance that the tax authorities will pay you on Monday January 15

The end-of-year holidays have just ended and it is nice to benefit from an...

Weather: what will the weather be like in February, March and April?

At the start of 2024, the temperatures on the thermometer are enough to make...