13 Responses to “Investing in PERA Through BDO Online”


  1. Hi, if I already invest in the stock market for my retirement, should I still invest in PERA? What could be the advantage of PERA aside from the exemption in taxes over stock market investment? Thanks! 🙂

  2. Francis says:

    I’ve already maxed out the P100,000 limit for an individual account this year, which I made through BPI. So, my next opportunity to add to my PERA account is when the new year comes, and I plan to invest through BDO this time.

    Can you invest in both your BPI and BDO Pera accounts next year, with P100,000 limit each? Or does the P100,000 apply to all accounts.

  3. Fitz says:

    @Daddy’s Girl
    I recommend it as a way to diversify your portfolio, not just PERA, but investing directly in mutual funds also.

    @Francis
    No, you can’t. The P100k annual limit is a cumulative sum of all accounts.

  4. Alfred says:

    Hi Sir,

    Is it mandatory that I need to reach 100K every year for the PERA account not to be voided or something?

    Thank you.

  5. Fitz says:

    @Alfred – no, it’s not mandatory… just invest the amount that is convenient for you.

  6. Cris says:

    This is interesting. Thank you. Another vehicle to diversify.

  7. Weng says:

    Hi po. How does the tax credit works? I have an employer so how can I enjoy the tax credit if I made a contribution for the year?

  8. Vicky says:

    Same question on the tax credit. I just started last September and plan to max out the P100K allowed contribution.

  9. Niko says:

    Hi Fitz,

    What made you choose BDO over BPI to administer your PERA funds?

    Are PERA funds transferable from bank to bank (BPI to BDO, BDO to BPI)?

    Thanks!

  10. Niko says:

    Hi Fitz,

    I have a few questions.

    1. Why move from BPI PERA to BDO PERA? Was it just for the ability to invest online? If so, would you recommend BDO PERA over BPI PERA if you don’t have a Savings account in BDO?

    2. Is PERA transferable from bank to bank? (BDO to BPI, BPI to BDO)

    Thanks!

  11. Fitz says:

    @Weng and Vicky
    Go to your respective BIR RDO and ask them for the process on how you can get the tax credit with your employer. You can also ask your HR, in case they know how, but currently… most HR are still not aware of PERA. So it’s better to be proactive on this with the BIR.

    @Niko
    I have PERA funds in BPI. Next year, I’m putting additional funds, this time with BDO, simply for diversification. PERA funds are not transferrable.

    Invest where you already have an account. Or where it is most convenient for you. No one is better between the two.

    I have funds in both because I have savings accounts in both, and both branches are near my place of work. My primary reason for having both is to have my money spread out in different places.

  12. gladys says:

    Hi Fitz, seems that BPI is not really keen on getting more people to invest in PERA. they only offer that every Thursdays only in the main head office. And i have been passed to different people and there’s just one person in the BPI main branch who is authorized to transact for PERA. Is it really this difficult?

  13. Fitz says:

    @gladys
    Yes it is currently that difficult, unfortunately — both in BPI and BDO. Because it’s not a priority for the bank to get investors in PERA, they only assign a limited number of authorized personnel. I was fortunate that one of them was at the branch near me during the time when I inquired and opened a PERA account early this year.

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