If you prefer to pay your contributions in the Philippines, then you can ask a family member or friend to do it for you. As cited earlier, they can go to SSS branches with a tellering facility, SM Payment Centre, Bayad Centre, or selected banks. Just make sure that your representative ...
How many years do I have to pay SSS? Member must have paid atleast 120 monthly contributionsprior to the semester of retirement and is any of the following, whichever is applicable: at least 60 years old and separated from employment or has ceased to be an SE/OFW/Household Helper (optiona...
Payment of contributions for the months of January to December of a given year may be paid within the same year. For example, you can pay your whole year’s contribution (January – December) until December of the current year. While Employed, Self Employed and Voluntary members are only al...
Self-employed individuals, on the other hand, must present their SSS PRN or Payment Reference Number for them to be able to pay their contributions. In this article, we will be detailing how you can generate your SSS PRN which you can use to pay contributions. Voluntary members can enjoy ...
in Dubai and would like to inquire about what the possible way would be, how I can repay the balance of my loan and how it is possible to continue the contributions as I am now an OFW but my account is still a voluntary member. Hoping for your immediate response. Thank you very much...
Understand everything about payroll deductions. Learn about mandatory and voluntary, pre-tax and post-tax deductions. Get the complete guide to managing payroll.
That makes contributions to emergency savings automatic and eliminates the need for workers to find the self-discipline and time to manually move money. Some employers may also offer incentives to encourage workers to save. “On the high end, you have employers actually contributin...
Learn how to determine and manage ownership percentage in a company, from financial contributions to equity dilution, tax considerations, and legal protections.
We received some feedback in the SSS Inquiries onwhy they have to pay for their SSS Loan, after all, it is their contributed SS Premium that they borrowed? That notion is wrong. When you borrowed money from SSS, you are actually borrowing from the SSS funds and not specifically borrowing...
In 2024, the contribution limit for IRA accounts is $7,000, plus an additional $1,000 for employees aged 50 and over.2 Understanding an Additional Voluntary Contribution (AVC) Employees can make additional voluntary contributions to tax-deferred savings accounts such as401(k),403(b), SEP-IRA...