The Land Bank of the Philippines is now offering its LANDBANK PERA Bond Fund in the PERA digital platform and will soon offer its other PERA-UITF products. The Personal Equity and Retirement Account (PERA) was established under the Republic Act No. 9505 or otherwise known as the “The Personal Equity and Retirement Account (PERA) Act of 2008”. The PERA is a voluntary retirement account that aims to provide Filipinos a tax-exempt facility to supplement their future pension benefits from SSS/GSIS and their employers. The PERA Contributors will enjoy tax incentives such as an annual income tax credit equivalent to 5% of the total contributions made for the year, exemption from estate taxes, and tax exemption benefits if withdrawals are made at the age of 55 and up (after contributing for at least five years). Investments made through PERA also grow tax-free as these are exempt from withholding tax. For more information, you may call TBG’s Trust Sales and Marketing Team at 8405-7119, 8405-7100, and 8405-7761 or visit the PERA digital platform via https://pera.seedbox.ph.
LANDBANK PERA Bond Fund
The LANDBANK PERA Bond Fund is a retirement UITF product that is designed for PERA Contributors who aim for decent returns on their capital on long-term fixed-income securities. Funds from the PERA UITF are invested in non-taxable investment outlets which will help Contributors grow their retirement funds. Under the law, individuals who would want to invest in a PERA should appoint an administrator. Currently, it is the ATRAM Trust Corporation (ATC), a BSP-accredited PERA administrator, who is offering the LANDBANK PERA Bond Fund. To invest in LANDBANK PERA Bond Fund, visit the PERA digital platform via https://pera.seedbox.ph/ through any browser on a computer or mobile device. Grow your retirement funds by opening a PERA today!LEARN MORE
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