Funds from the new type of individual investment accounts opened on January 1 will begin to be insured. The corresponding order from the president was sent to the government and the Central Bank. The maximum amount of insurance compensation will be 1.4 million rubles.
Vladimir Putin instructed the government and the Central Bank to develop a mechanism for securing funds in individual investment accounts (IIA) of a new type, open from January 1, 2024. This was reported by the Kremlin website.
According to the order, which must be drawn up by March 1, the maximum amount of insurance compensation will be 1.4 million rubles per person.
New IISs can be opened for a minimum of five years, from 2024 to 2026, after which the minimum period to hold the account will increase.
A new type of IIS replaced the old ones, which currently cannot be opened. Open accounts of the previous type will be maintained.
Author:
Kirill Bilyk
Source: RB
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