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Showing posts from 2023

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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Sweldong Pinoy and Budget Pinoy for 2024

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Update : The increase in contribution for Pag-IBIG Fund (HDMF) will be straight to 200 instead of 150. The apps have been updated. Sweldong Pinoy is a salary calculator for Filipinos in computing net pay, withholding taxes and contributions to SSS/GSIS, PhilHealth and PAG-IBIG. Budget Pinoy is a tool for Filipinos in finding out how much their asking salary should be based on their budget. In 2024, the contibutions for PhilHealth and Pag-IBIG Fund will be higher. PhilHealth In accordance with the Universal Health Care Act (Republic Act No. 11223), the PhilHealth contribution rate will now be 5.0% (from 4.5%) and the income ceiling will increase from 90,000 to 100,000. Source: https://twitter.com/teamphilhealth/status/1200200278508625922 Pag-IBIG Fund Pag-IBIG Fund members' mandatory monthly savings was also scheduled to increase from the current P100 to 150 by January 2021 and to 200 by January 2023. These have been deferred from 2021 to 2023. The contribution ...
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Sweldong Pinoy: A Guide to Understanding Net Pay, Deductions, and Managing Your Income

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Managing your income can be a tricky task, especially when it comes to calculating your take-home pay after all the necessary deductions. Thankfully, there are tools like Sweldong Pinoy that can help make this process easier. In this post, we will discuss what Sweldong Pinoy is, how to use it, the difference between net pay and gross pay, and what deductions to expect. Finally, we will end with a recommendation on how to manage your income nicely. What is Sweldong Pinoy? Sweldong Pinoy is a free online tool that helps Filipino employees calculate their monthly net pay. It takes into account all the necessary deductions, such as taxes, SSS contributions, PhilHealth contributions, and Pag-IBIG contributions. The tool is easy to use and can help employees get a clear understanding of how much they will take home at the end of the month. Sweldong Pinoy: Enter your Basic Pay or Gross Pay. Add allow...
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