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Showing posts from January, 2021

MP2 Calculator: 2024 Dividend

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MP2 Calculator is an app for computing how much your MP2 (Modified Pag-IBIG 2) savings may grow based on actual dividend rates. The MP2 Savings is a special voluntary savings facility with a 5-year maturity, designed for active Pag-IBIG Fund members who wish to save more and earn even higher dividends, in addition to their Pag-IBIG Regular Savings. The MP2 dividend for 2024 (7.10%) has been announced. We have updated the MP2 Calculator Android app (version 0.3.0) and the web app at https://mp2calc.sweldongpinoy.com . If you have comments, suggestions, and inquiries, you can email us at info@sweldongpinoy.com or you can also send us a message .
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Deferring PhilHealth Contribution Increase

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Contributions for SSS and PhilHealth are increasing this year. PhilHealth contribution rates will now be 3.5% (from 3.0%) and the income ceiling will now be 70,000 (from 60,000). The monthly contributions of SSS members will be increased from the current 12% to 13% , employer share will be 8.5% (from 8.0%) and employee share will be 4.5% (from 4.0%), and the minimum and maximum salary credits used for computation will now be 3,000 and 25,000 (from 2,000 and 20,000). We have already updated Sweldong Pinoy and Budget Pinoy to use the 2021 rates. Earlier this week, President Duterte ordered the deferring of the PhilHealth contribution increase and PhilHealth suspended the increase pending law amending the Universal Health Care Act. Source: https://www.facebook.com/PhilHealthofficial We have updated Sweldong Pinoy ( sweldongpinoy.com and Android app 4.3.2) and Budget Pinoy ( budgetpinoy.com ) to use the new SSS contribution rates for 2021 and the 2020 PhilHealth contr...
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Sweldong Pinoy in 2020

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Last year, we released some new features and other updates to our apps. Sweldong Pinoy for Self-Employed Individuals We've added computations for Self-Employed Individuals . You just need to select " Self-Employed Individual " in the employment type, and the app will compute the contributions for SSS, PhilHealth, and Pag-IBIG Fund, tax, and other contributions, and your net pay. sweldongpinoy.com updated with computations for Self-Employed Budget Pinoy for Everyone We have updated Budget Pinoy for Everyone . The web and Android app now have a dropdown for employment type. Users can select their employment type, and the app will update the deductions and asking rate accordingly. Budget Pinoy Android app with Employment Type drop-down New Thirteenth Month With the  new Thirteenth Month , users can now input their salaries from January to December to compute their thirteenth-month pay. If users have the same salary for the year, they can select " M...
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