HOW TO COMPUTE YOUR SSS RETIREMENT PENSION

This video will guide you how to know your monthly SSS Pension Retirement. ♂️Related Video: *HOW TO RECOVER SSS ONLINE USERNAME AND PASSWORD: _______________________________________ For business, message me to: 📌Email: yuandj146@gmail.com 📌FB Page: Daniel Timpawa VLOG's #SSSretirementpension...(read more)

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Retirement can be a daunting prospect, but it doesn’t have to be. Knowing how to compute your Social Security System (SSS) retirement pension can help you plan for the future and make sure you have a comfortable retirement. Here’s how to do it. First, you need to determine your Average Monthly Salary Credit (AMSC). This is the average of your 36 highest monthly salary credits over the last 10 years of your employment. To calculate this, add up all 36 of your highest monthly salary credits, then divide the total by 36. This will give you your AMSC. Next, you’ll need to know your Credited Years of Service (CYS). This is the number of years you worked and contributed to the SSS. This includes any years you were on maternity leave, sabbatical leave, or any other leave of absence. Once you have both of these numbers, you can calculate your monthly pension. To do this, multiply your AMSC by your CYS, then multiply the result by 0.02. This will give you your monthly pension. For example, if your AMSC is Php 15,000 and your CYS is 10 years, your monthly pension would be Php 3,000 (15,000 x 10 x 0.02 = 3,000). It’s important to note that the SSS also provides additional benefits for those who have worked for more than 15 years. If you have worked for more than 15 years, you can get an additional 10% of your AMSC for each year of service beyond 15. For example, if your AMSC is Php 15,000 and you have worked for 20 years, your monthly pension would be Php 4,500 (15,000 x 20 x 0.02 = 4,500). Finally, you should also keep in mind that the SSS provides a maximum monthly pension of Php 15,000. This means that if your monthly pension calculation exceeds this amount, you will only receive Php 15,000. Computing your SSS retirement pension can help you plan for the future and make sure you have a comfortable retirement. Knowing how to do it can make the process much easier and give you peace of mind. https://inflationprotection.org/how-to-compute-your-sss-retirement-pension/?feed_id=69217&_unique_id=63e579c5b19b9 #Inflation #Retirement #GoldIRA #Wealth #Investing #HOWTOCOMPUTESSSRETIREMENTPENSION #HOWTOKNOWMONTHLYPENSIONOFSSS #HOWTOKNOWYOURSSSPENSION #SSSRETIREMENTMONTHLYPENSION #SSSretirementpension #RetirementPension #HOWTOCOMPUTESSSRETIREMENTPENSION #HOWTOKNOWMONTHLYPENSIONOFSSS #HOWTOKNOWYOURSSSPENSION #SSSRETIREMENTMONTHLYPENSION #SSSretirementpension

"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for you. Their

New York Times Company Continues to Add Online Subscribers at a Steady Clip

Business News by Timothy Sumer - The company’s first quarter results showed total paid subscriptions reaching 4.5 million. Online ad revenue rose 19 percent, to $55 million, thanks, in part, to “The Daily” podcast. from NYT > Business https://nyti.ms/304QC2w via Timothy Sumer

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom Should I Rollover My 401k to anIRA 🤔 || 401k to IRA Rollover Pro's & Con's In this video, I want to talk about rolling over your 401k to an IRA Rollover and if that makes sense for your retirement planning . I want to look at the pro's to rolling over a 401k and also the con's to rolling over a 401k. When you should rollover your 401k to an IRA and when you should NOT rollover your 401k to an IRA. Let's talk about when you should NOT rollover your 401k to an IRA: 1. You are still working and are under the age of 59.5 2. You are 55 and considering retirement (Rule 55) 3. Increased creditor protection in a 401k 4. 401k's offer loans--IRA's do not offer loans Why you SHOULD rollover your 401k to an IRA 1. More investment choices in IRA over 401k 2. Lower investment fees 3. Convert IRA to Roth IRA (Roth IRA Conversion) 4. Consolidation from multiple 401k'

Timothy Sumer

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