The Federal Tax Service issued a reminder on June 30, 2026, that individuals whose 2025 taxable income exceeded 300,000 rubles are required to make insurance contributions to the compulsory pension and medical insurance funds by July 1, 2026. The notice specifies that these contributions are calculated as a fixed percentage of the excess income above the threshold and must be remitted to the respective regional pension fund and health insurance authorities. The article outlines the procedural steps for determining the taxable base, completing the contribution declaration, and transferring funds through authorized payment channels, including online banking and designated bank branches. It also clarifies that failure to meet the deadline may result in interest penalties and potential enforcement actions by the tax enforcement service. Special provisions are outlined for self‑employed individuals and those with irregular income streams, allowing for installment payments under certain conditions. The FTS also announced that a simplified electronic submission form will be available on its official website, enabling taxpayers to upload supporting documentation and receive immediate confirmation of payment receipt. Additionally, the advisory encourages taxpayers to plan ahead and consider proactive cash‑flow management to accommodate upcoming obligations, thereby avoiding financial strain during the summer months.