Pag-IBIG offers more than just housing loans. It's Modified Pag-IBIG II (MP2) Fund is another tax-free, voluntary savings program offered by the Philippine-government to every existing Pag-IBIG I (P1) member. MP2 is different from P1 and Pag-IBIG Overseas Program (POP). It's term is renewable every 5 years and it provides higher return of investment (ROI) than savings and time deposit accounts in banks. This conservative investment is a good addition to your portfolio if you are looking for more ways to make your money work for you. You've gotta beat inflation.
SSS Pension is not enough to cover your cost of living during your senior years. Take that lesson from your SSS pensioner elders. You wouldn't want to burden your descendants for your senior care needs, right? It would be helpful to include P1 and MP2 funds in your retirement fund plan. Your P1 and MP2 contributions can also be added to your income tax deductions. Now that's a reduction to your tax burden…
SSS Pension is not enough to cover your cost of living during your senior years. Take that lesson from your SSS pensioner elders. You wouldn't want to burden your descendants for your senior care needs, right? It would be helpful to include P1 and MP2 funds in your retirement fund plan. Your P1 and MP2 contributions can also be added to your income tax deductions. Now that's a reduction to your tax burden…