How to Invest and Benefits of SSS WISP Program

Worker’s Investment and Savings Program or SSS WISP Plus is a program offered by the Social Security System (SSS) in the Philippines that allows members to invest their contributions in a managed fund. This program is a good option for members who want to earn higher returns on their SSS contributions.

Here’s how you can invest in SSS WISP Plus:

• Check if you are eligible. To invest in SSS WISP Plus, you must be an SSS member with at least P1,000 in your SSS account.
• Fill out the application form. You can download the SSS WISP Plus application form from the SSS website or get it from any SSS branch. Fill out the form completely and accurately.
• Choose your investment option. SSS WISP Plus offers two investment options: the moderate risk fund and the high-risk fund. The moderate risk fund invests in a mix of fixed-income securities and equities, while the high-risk fund invests mainly in equities. Choose the option that fits your investment goals and risk tolerance.
• Submit your application form. Submit your completed application form to any SSS branch. You will need to present your SSS ID or two valid IDs.
• Monitor your investment. Once your investment is set up, you can monitor it through the SSS website or by visiting any SSS branch.

SSS WISP Plus Benefits and Earnings:

• Higher returns: SSS WISP Plus offers higher returns than the regular SSS contributions. The returns are based on the performance of the managed fund and can vary depending on market conditions.
• Diversification: Investing in SSS WISP Plus allows you to diversify your portfolio and spread your risk across different assets.
• Professional management: The fund is managed by professional fund managers who have the expertise to make informed investment decisions.
• Convenience: You can easily invest in SSS WISP Plus through any SSS branch or online, making it a convenient investment option.
• Flexibility: You can choose between two investment options that cater to different risk profiles and investment goals.

It’s important to note that investing in SSS WISP Plus, like any investment, carries some risks. The value of your investment can go up or down, depending on market conditions. It’s important to do your own research and consult with a financial advisor before making any investment decisions.