Nature Photography FAQs Unlocking the Benefits of PERA with Injap Sia's Matching Grant

Nature Photography FAQs Unlocking the Benefits of PERA with Injap Sia's Matching Grant

As nature photographers, we often juggle multiple projects and deadlines while striving to maintain a healthy work-life balance. To ensure our financial well-being complements our creative pursuits, it's essential to prioritize retirement planning. In this blog post, we'll address common questions and concerns related to the Philippine Retirement Account (PERA) program, with a focus on Injap Sia's recent pledge to match PERA accounts.

Q What is PERA, and how can it benefit me as a nature photographer?

A PERA is a voluntary retirement savings program designed to provide a safety net for your financial future. As a nature photographer, having a stable income can be challenging due to the uncertainty of project timelines and client payments. PERA allows you to save a portion of your income, providing peace of mind as you plan for long-term goals.

Q How does Injap Sia's matching grant work?

A Injap Sia has pledged P10 million to match the first 2,000 retirement savings accounts opened under DragonFi Securities Inc. If you open a PERA account and deposit P5,000, you'll receive an additional P5,000 in matching funds.

Q What are the benefits of opening a PERA account?

A PERA accounts offer several advantages

Tax-exempt Your retirement savings are exempt from taxes, including estate taxes if you pass away.
Easy access You can withdraw your funds once you reach 55 years old and have contributed for at least five years.
Low minimum investment You can start with as little as P1,000 and invest up to P200,000 (P400,000 for overseas Filipino workers).
Flexibility You can adjust your contribution amount or withdraw funds if needed.

Q What are the concerns I should consider when opening a PERA account?

A As you contemplate opening a PERA account, take time to reflect on the following

Long-term commitment PERA is designed for long-term savings, so consider your financial goals and whether this program aligns with them.
Inflation risk Inflation can erode the purchasing power of your retirement savings. Be aware of market trends and adjust your investment strategy accordingly.
Fees and charges Understand the fees associated with PERA accounts, such as management fees or administrative costs.

Q How do I get started with PERA?

A To begin, you'll need to open a PERA account with an accredited administrator like DragonFi Securities Inc. You can

Contact DragonFi Reach out to their customer service team to learn more about the application process and requirements.
Visit their website Check out their official website for more information on PERA accounts, fees, and investment options.

In conclusion, Injap Sia's PERA matching grant presents an excellent opportunity for nature photographers to start planning for their financial future. By understanding the benefits and concerns of opening a PERA account, you can make informed decisions about your retirement savings. Remember to take time to reflect on your financial goals and adjust your strategy accordingly.

Keywords PERA, Injap Sia, DragonFi Securities Inc., Retirement Savings, Financial Planning, Nature Photography

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.