How to postpone Social Security debts

Social Security may grant discretionary, if certain requirements and conditions, postponement of debts owed to the agency. From February 1, 2011 is mandatory for all debit deferrals agreed by the TGSS.

Who can file an extension: the person responsible for paying the debt.

When application may be filed: at any time from the beginning of the statutory deadline entry fee until the Administration notifies the debtor of the date and way to dispose of the property seized.

Application forms for:
• TC 17/10 Request for postponement for the payment of social security debts.
• TC 17/12 Recognition of Social Security debts.
• Settlement urgent CT.
• Settlement TC deferrable.
• TC -2 Nominal list of workers, if not filed earlier.

When a continuance may be granted: when the economic and financial situation and other attendant circumstances, that discretion will be appreciated by the competent body to resolve, prevent entry to make their debts on time and terms established in the General Rules of Security Collection Social.

Duration: up to 5 years, but exceptionally may be extended if there are extraordinary circumstances in a case, report favorably the resolution issued by the competent authority and the Director General of the TGSS (the latter case it is unusual to be given)

Interest: Any postponement usually carry interest, and Social Security would not be so. The rate applies TGSS legal interest that is in effect at all times during the duration of the postponement, except when it has been exempted from providing guarantees, in which case interest shall apply. [Read more...]

Retirement Plan

Retirement Insurance

According to a report by the Center Inverco, on financial literacy and habits of Spanish saver, pension schemes have become one of the more savings products known by the Spanish Savers, along with deposits.

Thus, this report suggests that the higher savings capacity, the higher the product knowledge, “when you save, you can invest in financial products.

This study was conducted on a sample of 1,900 interviews, from which it appears that about half of the investors said to have a low awareness of investment funds and the stock market.

More specifically, almost 70% of savers claims to have an adequate knowledge of the deposits, investment funds, pension plans, stock exchange and insurance, compared to 53% of respondents who have a financial literacy environment and a 15% has a high knowledge.

Also, investors with high-saving are those who have more financial knowledge (23.6%).

As for age and sex of respondents, approximately six out of ten savers aged 18 to 54 years has a financial literacy medium and high, being over 65 years that usually have lower financial literacy. In high financial knowledge, men women twice, even if they have a higher average knowledge.

Find the great streamline va refinance today!