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    Flyer PERA Infographics FA PDF

    Uploaded by

    Christopher Brown
    Personal Equity and Retirement Account (PERA) is a voluntary retirement account offered by the Philippine government to help Filipinos save for retirement. PERA allows individuals to contribute up to PHP 100,000 annually (PHP 200,000 for overseas Filipinos). Contributions are tax-exempt and eligible for a 5% tax credit. Earnings grow tax-free and distributions are free from estate tax after age 55. PERA requires an accredited administrator like BDO to manage investments in funds suited to different risk profiles, and custodians to hold the savings. The program aims to encourage long-term saving for a more financially secure retirement.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Flyer PERA Infographics FA PDF

    Uploaded by

    Christopher Brown
    102 views2 pages
    Personal Equity and Retirement Account (PERA) is a voluntary retirement account offered by the Philippine government to help Filipinos save for retirement. PERA allows individuals to contribute up to PHP 100,000 annually (PHP 200,000 for overseas Filipinos). Contributions are tax-exempt and eligible for a 5% tax credit. Earnings grow tax-free and distributions are free from estate tax after age 55. PERA requires an accredited administrator like BDO to manage investments in funds suited to different risk profiles, and custodians to hold the savings. The program aims to encourage long-term saving for a more financially secure retirement.

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    Personal Equity and Retirement Account (PERA) is a voluntary retirement account offered by the Philippine government to help Filipinos save for retirement. PERA allows individuals to contribute up to PHP 100,000 annually (PHP 200,000 for overseas Filipinos). Contributions are tax-exempt and eligible for a 5% tax credit. Earnings grow tax-free and distributions are free from estate tax after age 55. PERA requires an accredited administrator like BDO to manage investments in funds suited to different risk profiles, and custodians to hold the savings. The program aims to encourage long-term saving for a more financially secure retirement.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    102 views2 pages

    Flyer PERA Infographics FA PDF

    Uploaded by

    Christopher Brown
    Personal Equity and Retirement Account (PERA) is a voluntary retirement account offered by the Philippine government to help Filipinos save for retirement. PERA allows individuals to contribute up to PHP 100,000 annually (PHP 200,000 for overseas Filipinos). Contributions are tax-exempt and eligible for a 5% tax credit. Earnings grow tax-free and distributions are free from estate tax after age 55. PERA requires an accredited administrator like BDO to manage investments in funds suited to different risk profiles, and custodians to hold the savings. The program aims to encourage long-term saving for a more financially secure retirement.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 2

    Personal Equity and Retirement Account (PERA)

    Prepare a gift for your future self.


    Did you know?
    1 There is no better time than now to start planning your
    retirement. PERA can help you gift yourself with a more
    comfortable retirement.

    2 What is PERA?
    - PERA is a voluntary retirement account.
    - It is open to Filipinos who have the capacity to
    contract and have a Tax Identification Number
    (TIN).
    - The maximum PERA contribution per year is
    Php100,000 for Local Filipinos and
    Php200,000 for Overseas Filipinos (OFs).

    3 How does PERA work?

    Step 1 Step 2 Step 3


    You, as a Contributor, will The PERA Administrator will set The PERA Administrator
    select a PERA Administrator up your PERA in accordance with will oversee and maintain
    and your Custodian/s. regulations and coordinate with your PERA until its final
    your Custodian/s and your distribution.
    Product Provider/s to carry out
    your investment instructions.

    For you to avail of PERA, you will need an accredited PERA Administrator to manage
    your PERA.
    BDO has the distinct privilege of being the first institution to get joint accreditation as
    PERA Administrator from the Bangko Sentral ng Pilipinas (BSP) and the Bureau of
    Internal Revenue (BIR).
    You will also need Custodian/s to hold the cash and securities of PERA and Product
    Provider/s to supply your PERA investment products.

    page 1 of 2
    Personal Equity and Retirement Account (PERA)

    PERA Investment Products


    Aside from being a PERA Administrator, BDO is also a Product Provider. You may select
    from the following BDO PERA Unit Investment Trust Funds (UITFs)*:

    BDO PERA Short Term Fund BDO PERA Bond Index Fund BDO PERA Equity Index Fund
    Suited for investors with a Suited for investors with a Suited for investors with an
    conservative risk profile moderate risk profile aggressive risk profile

    Aside from the above UITFs, all PERA investment products will be made available to you by your PERA Administrator.

    4 What are the benefits of PERA?


    a. Income earned by PERA investment products are
    tax-exempt.**
    b. Annual PERA contributions are entitled to a 5% tax credit.**
    c. Annual PERA Contributions made by an employer in behalf
    of the Contributor are:
    i. Considered a valid expense and allowed as a deduction
    from the employer's gross income
    ii. Exempted from the employee's withholding tax on
    compensation or fringe benefits
    d. PERA distributions are free from estate tax in the case of
    the Contributor’s death.
    ** provided withdrawals will be made after Contributor reaches at least
    55 years of age and has made at least five (5) yearly contributions.

    5 For more information, you may visit


    www.bdo.com.ph/personal/trust-and-investments/pera-faq.

    Disclosures
    *UITFs are trust products and are not deposit products. They are not covered by the Philippine Deposit Insurance Corporation (PDIC). The units of
    participation in the UITFs when redeemed, may be worth more or worth less than the client's initial investment.
    BDO Trust and Investments Group is regulated by the Bangko Sentral ng Pilipinas (BSP). For any inquiries/complaints, you may call our phonebanking
    hotline: 631-8000, email [email protected] or contact your assigned trust marketing officer. You may also file your complaints at BSP
    Financial Consumer Protection Department at (632) 708-7087 or email [email protected]. To know your rights under BSP Circular No. 857
    (Regulations on Financial Consumer Protection), please access a copy at www.bsp.gov.ph.

    page 2 of 2

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