As Self-Employed Pays Social Security and Retires With Benefit



How should the self-employed person pay social security?

Having an income in the third age and more tranquility in old age is a subject always on the agenda in Brazil. There is a growing number of professionals who leave their jobs with a formal contract and become independent professionals. If you are in this category it is important to know how stand alone pays social security and gets regularized.

According to the Brazilian Institute of Geography and Statistics (IBGE), Brazil now has more than 22 million autonomous workers. Those who exploit their enterprises alone or with partners are considered autonomous. Formerly known as ‘self-employed’ professionals. But do you know how autonomous pays welfare?

When you are a CLT professional, social security charges are paid by the company in which you work. It is very common if you are a freelancer never having thought of contributing. But it is important to know how to proceed and make the payment on your own.

How autonomous pays social security?

How autonomous pays social security?

See the step-by-step guide for you as a freelancer to get the INSS guide payment. Look:

Step 1: The beginning of this process is to provide a PIS number. If you have already worked it already exists! it’s probably in your Work Card. If you do not have the PIS number, go to one of the Social Security agencies in your home city and make this request! She is important!

Step 2: With your PIS number in hand, it means that you already have a social security deposit account. Step two is to choose the type of contribution you want to make. Since you are a freelancer, you will be an “Individual Taxpayer”, the only thing that differentiates one from the other is the code number.

Code 1007 – Individual Taxpayer – INSS


This code indicates that you are interested in paying the INSS 20% of your total income. Valid for payment up to 20% of R $ 4,663.75. With this contribution you are entitled to both types of retirement: age and length of service. In addition, he is also entitled to INSS pensions.

Code 1163 – Individual Taxpayer – INSS


You will choose code 1163 if you want to collect 11% of the minimum wage, equivalent to an INSS payment of R $ 103.07 per month. Who uses this code also has to the INSS and pensions. However, you can only retire by age, not by length of service. By paying this tab you will have a payment amount for a minimum wage. Learn more about retiree must pay income tax.

Step 3: Once you have chosen how you are going to make your payment, simply complete the GPS (Social Security Guide) correctly. You have purchased this card from stationers and filled it in manually.

Step 4: Then just go to any bank or lottery house to make this payment.

If you are a professional who has worked as a freelance for some time but could not pay your INSS at some period, you can contribute late and make up for that time. To find out how much time you need to contribute, you just have to go to one of the Social Security agencies.


How to Start Investing in Direct Treasure in 6 Steps

 Direct treasury has emerged as a safe investment option and with good profitability. Modality that allows the individual to buy public bonds, is an investment tied to the Selic, basic interest rate of the country. For this reason, it gains even more prominence in a scenario that points to an increase in interest rates, since direct treasury profitability accompanies this increase. DI funds, CDBs and real estate and agribusiness credit bills are also investments linked to the Selic, however, because they must have banks as intermediaries, they can charge administration fees that reach 3%, which is not the case with direct treasury, which does not necessarily need a financial institution to broker the deal. The investment in public bonds can only be done by opening a brokerage account. However, custody rates generally do not exceed 0.3% per annum.

Although it offers undeniable advantages, such as average profitability, security and the possibility of making a low investment (it is possible to start investing with only $ 30), direct treasury may not be indicated in some cases. Those who need money in the short term and / or seek a high return must opt ​​for another form of investment.

See all you need to know to start investing in direct treasure:

Make your registration

To invest in direct treasury, you must have a social security number and account with a financial institution. Then you must choose a brokerage firm or even a bank to be your custodian. It is this agent who will broker your direct treasure deals. Check in this link all the institutions that are authorized to operate with federal public securities. Before choosing your escrow agent be sure to check the administration fees that are charged for it. Contact your chosen escrow agent and register. At this time, you must provide all the necessary documents for the institution to open an account on your behalf to begin the operation with the direct treasury. You will receive a provisional BM & F Bovespa password to make your first access to the area in the event of purchases and sales of securities, checking of balances and statements. You will need to change the temporary password with a new one (which must be between eight and 16 digits, letters, numbers and special characters). With this, you will be enabled as an investor and can begin to choose your securities.

Choose the titles to invest

Choose the titles to invest

Direct treasury offers securities of the most diverse values ​​and for different purposes. So it is important to define your profile and know exactly what you want to choose which title or titles to buy. With regard to profitability, what do you seek? Know exactly how much you will receive on the maturity date of the security, choose an option that yields above inflation or a profitability close to the Selic rate? If you identify with the first alternative, titles like NTN-F or LTN are the best, because you will know what income you will receive. Whoever wants income above inflation, on the other hand, can choose titles like NTN-B and NTN-B Principal. The LTF is the title indicated for the investor that wants profitability close to the basic interest rate of the country. To help you figure out what is the most appropriate title for your profile and financial goals, the right treasury offers the Financial Advisor tool on your website and in the investor-restricted area. Through it, you know the titles available and can choose the most appropriate. Then you just have to make the purchase.

Stay tuned for application channels

Investing in direct treasury can be done in three ways. The first one is through the treasure site itself. Simply access the restricted area with your password and make yourself the purchase, sale, investment planning and consultation of balances and statements. Another possible way to invest is through your custody agent’s website. Some institutions have websites that are integrated with direct treasury sites, which enables you to buy and sell government bonds on the agent’s website at the same rates and prices as the Treasure Direct site. The third option is to invest through the custody agent. In this case, you give the financial institution permission to trade public securities on your behalf.

Understand the modalities of application

Understand the modalities of application

There are two modalities of application in the direct treasury: the traditional investment and the programmed investment. The first modality refers to the buying and selling operations that can be done at any time of the day, within the program’s operating period. The planned investment deals with the purchase and sale scheduling, automatic reapplication of semiannual interest (called coupons) and the amount that will be redeemed on the maturity dates of the securities. Through the scheduled investment, you can do the planning of your finances.

Track results

Tracking the outcome of your investments in the direct treasure site is an important step. See how the performance of your titles is taking care, however, not to run away from your profile or the strategy you drew initially. Do not give in to the temptation to migrate to another type of investment because other securities are more valued than the ones you have chosen. In the long run, this migration can cause more losses than gains.

Sell ​​your bonds when the time comes

Sell ​​your bonds when the time comes

One of the great advantages of direct treasury is daily liquidity. That is, you can sell your government bonds on any business day. So when you reach your goal, sell your title and collect your income.

Direct treasury is an investment modality tailored for those who do not want to take a lot of risks, but seek a higher return than other traditional investments in the market, such as savings. To succeed in this modality, it is important to stay tuned, research and choose the public securities best suited to your profile and your financial goals.