Retirement is one of life's most important milestones, and preparing for it can seem overwhelming. However, building wealth through appropriate retirement planning is achievable when you understand the various options available to help optimize your savings and secure a … [Read more...]
Customizing Your Annuity: Riders and Options for Tailored Investment Solutions
Are you looking for a retirement investment solution that meets your long-term goals and provides security for the future? An annuity may be the perfect choice. Annuities provide guaranteed income streams, allowing you to enjoy the financial security of predictable payments … [Read more...]
401(k)eing Your Salary
You probably don’t have an idea nor hear the word 401(k) here in the Philippines. 401(k) is an American term for employee’s retirement fund. Investopedia illustrate it as “a retirement savings plan sponsored by an employer. With a 401(k), you control how your money is invested. … [Read more...]
How to Compute Retirement Pay in the Philippines
How to compute retirement pay in the Philippines? On January 7, 1993, Republic Act (R.A.) No. 7641, otherwise known as the New Retirement Law, took effect and amended Article 287 of the Labor Code of the Philippines (PD No. 442). According to the new law, any employee may … [Read more...]