Kuya Well's personal finance corner
Just a few days after the announcement of the 2024 dividend rates for both MP2 and Regular savings, Pag-IBIG has announced that the dividends have been credited. And I can confirm that it is indeed true. How to check if MP2 dividends have been credited? Note: For Regular Savings, you can follow the same steps but … Read More “2024 MP2 Dividends have been credited” »
It was only a few days ago when Pag-IBIG unveiled the dividend rate for 2023. And now, the dividends are being credited to members’ accounts. Pag-IBIG has also posted the same info on their Facebook page. Take note that it may take some time for all accounts to reflect the dividends, so you might want … Read More “2023 Pag-IBIG MP2 Dividends are now being credited” »
When paying MP2 contributions, I always recommend doing it via the Virtual Pag-IBIG website. However, let’s admit that paying MP2 contributions via debit/credit card will cost you a 1.75% convenience fee. So that’s a bit costly if you’re going to put in a large amount. Hence, in one of my previous posts, I provided a … Read More “How to pay Pag-IBIG MP2 contribution through BPI” »
Finally, the long-overdue increase in monthly contributions for Pag-IBIG Regular Savings will be implemented next year (2024), starting in January. How much is the increase? The increase will double the current contribution that members are paying monthly. This means that employed individuals will now pay 200 pesos instead of the usual 100 pesos each month. … Read More “Pag-IBIG Regular Savings Contributions to increase in 2024” »
You’ve probably checked your Pag-IBIG Regular Savings (P1) account and noticed that you’re missing contributions from one (or more) companies you’ve been with. Don’t get mad just yet. Perhaps your records were not consolidated, hence, why those contributions aren’t showing up. So before you think of filing a case against your previous employer/s, check if … Read More “Consolidation or merging of Pag-IBIG contributions” »
Though SSS WISP Plus was just launched in December last year compared to Pag-IBIG’s MP2 which was established in 2010, it’s good to compare these 2 government-backed programs and see which one’s better. Let’s make a side-by-side comparison between these two, shall we? Maturity Period A Pag-IBIG MP2 account has a lock-in period of 5 … Read More “Pag-IBIG MP2 vs SSS WISP Plus” »
The eligibility requirement to enroll in Pag-IBIG MP2 is broken down into 3: Maximum age limit I am a Senior Citizen, can I still invest in MP2? I’ve seen this question a lot of times in a Facebook group of which I’m a member. The answer to the question: Yes, you can. A retired Pag-IBIG … Read More “Pag-IBIG MP2: is it for everyone?” »
I’m a member of a certain Facebook MP2 sharing group and I’ve seen a lot of similar questions being raised so I’ve decided to create this post. Hopefully, this helps you out if you’re in a similar boat and have questions that need answers. Before we go to the FAQs, here are some posts of … Read More “Quick FAQS: Pag-IBIG MP2 in a nutshell” »
I just got my Pag-IBIG Loyalty Card Plus the other day. I’m going to use it to claim my annual dividends for Pag-IBIG MP2. What is the Pag-IBIG Loyalty Card Plus? The Pag-IBIG Loyalty Card is a discount and rewards card where you can get discounts from their merchant partners. Discounts can range anywhere from … Read More “How to get a Pag-IBIG Loyalty Card Plus” »
The Pag-IBIG regular savings is one of the most overlooked investment vehicles by Filipinos. Most people think that the mandatory contribution is simply a requirement in order to be able to get a housing loan. But do you know that the monthly 100-peso mandatory Pag-IBIG contribution deducted from your monthly salary is actually held in … Read More “Pag-IBIG Regular Savings: What You Need to Know” »
