It’s been awhile since I have been planning to reinstate my social security monthly contribution. I planned to declare myself as a self-employed person so that I could contribute again and hopefully be able to avail of the benefits they offer such as social security disability insurance, salary loan, death benefit, pension and more.
Anyway, I still have a pending salary loan with them and I am sure that my previous employee was not able to settle it as I resigned during the middle of my loan term. I am planning to pay it off and contribute again and, of course, hopefully, will be able to loan again and make my record good.
So what do you think? Isn’t it a good financial plan?