The new Direct Treasury bond for those looking to complement their retirement, baptized as Income+ , starts to be sold from this Monday (30). According to the National Treasury, the title was conceived based on data that show an increase in Brazilian life expectancy and dissatisfaction with the amount of retirement.
With RendA+, the investor chooses a retirement date and guarantees a supplementary salary for 20 years, which will be monthly corrected for inflation, thus maintaining the person’s purchasing power.
Bonds with a longer redemption period require a minimum value of around R$30. It is worth mentioning that B3 does not charge a custody fee if the user holds the bond until maturity.
How will it work
First, the investor will choose one of eight starting dates to start receiving payment. The securities will have the following conversion dates for the start of receipt:
- Income Treasury+ 2030
- Treasury Income+ 2035
- Income Treasury+ 2040
- Treasury Income+ 2045
- Income Treasury+ 2050
- Treasury Income+ 2055
- Income Treasury+ 2060
- Treasury Income+ 2065
The investor can buy more of the bond until the chosen date arrives. For example, if he chooses Treasury RendA+ 2050, he will be able to make contributions in the title until the income conversion date arrives, that is, until 2050.
Still according to the above example, the period for receiving the investor’s monthly income begins from 2050, which, as it lasts for 20 years, ends in 2070, the security’s maturity date with the completion of the amortization period.
According to the Treasury, the investor will be informed at all times about the real purchasing power he has secured with his extra income over time.
The user will also be able to negotiate the security freely, even while receiving income. This means that he can sell the purchased security at market price, but with a grace period of 60 days after purchase.
tariff and taxes
No custody fee will be charged on the monthly income of investors who receive up to six minimum wages as of the security conversion date. Investors who start to receive more than this amount will be charged a fee of 0.1% on the surplus per year.
In the case of an early sale of the security, there is a decreasing rate for the investor.
The tariff works as follows: if the sale takes place between 0 and 10 years, the rate on the redemption value is 0.5% pa, while between 10 and 20 years the value becomes 0.2%. For exits with a period longer than 20 years, the rate will be 0.1% pa
From the tenth year onwards, the custody fee becomes the same as for other Direct Treasury securities. As of the twentieth year, the rate is lower, and on the due date, it is zero.
In relation to taxation, the Treasury points out that only the income from the bond will be taxed. Charges are collected according to the redemption or receipt period, based on the rates below:
Source: CNN Brasil
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