When the increases are fully implemented, those aged above 55 to 60 will have the same CPF contribution rates as younger ...
Eventually, when they retire, they have CPF Life to take care of their retirement needs. So this is how we have over the years improved and enhanced considerably our CPF system. It is now a ...
The Full Retirement Sum (FRS) is $213,000 for those who turn 55 in 2025. This amount is meant to safeguard our retirement and is one of the thresholds that determine how much we can withdraw from our ...
The move is meant to help senior workers build up their retirement savings, said PM Wong. Read more at straitstimes.com.
Singapore’s CPF system ensures that working Singaporeans and Permanent Residents set aside a portion of their monthly earnings, forming the foundation for monthly payouts during retirement. A monthly ...
The Central Provident Fund (CPF) contribution rates for Singaporeans aged 55 to 65 will increase by 1.5 percentage points ...
If you’ve recently topped up your loved one’s CPF Retirement Account (RA) and are wondering where the money went, you’re not alone. Understanding how CPF works, especially the CPF LIFE Plan, can help ...
SINGAPORE is still studying the idea of a Central Provident Fund (CPF) retirement investment scheme, to see if such a programme can be designed to provide certainty of greater returns while minimising ...
One of the biggest mistakes stay-at-home mums make is being completely hands-off with finances. With the help of finance ...
Prime Minister Lawrence Wong said the government will continue improving and enhancing the Central Provident Fund scheme "very carefully" to ensure it boosts retirement adequacy for Singaporeans. In ...
As you approach retirement, managing your CPF funds efficiently is crucial for ensuring financial security during your golden years. With the closure of the CPF Special Account (SA), it’s important to ...