CPF interest rate to increase! This is a piece of good news for Singaporeans! From 1 July to 30 September 2023, the interest rate for CPF Special and MediSave account will increase from 4.0 per …
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Tag: CPF
Blog posts related to CPF (Central Provident Fund Board) where the purpose is to fund our retirement needs.
CPF Monthly Salary Ceiling To Increase
In the recent FY2023 Budget, Deputy Prime Minister and Minister for Finance Lawrence Wong announced that the CPF monthly salary ceiling to increase from the current S$6,000 to S$8,000 by the year 2026. If you …
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My Sweet Retirement Tops Up Medisave Account Using Cash
If you didn’t know yet, the basic healthcare sum (BHS) has increased from S$54,500 in 2018 to S$57,200 in 2019. Based on information from the CPF website, monies in the Medisave Account (MA) and Special …
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My Sweet Retirement Starts Planning for Tax Relief
Last year, I opened my Supplementary Retirement Scheme (SRS) account with OCBC for the purpose of tax relief. At that point in time, I am not aware that we are able to withdraw our money above …
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CPF Ready Get Set Grow
The CPF board has launch a new game. I have tried the game and as it is fun and educational. Thus, I will like to share with all of you. You can download this educational game from the …
Continue readingCPF Salary Ceiling will be raised to 6K
This is old news but I believe it has slipped through the minds of many. In the Budget 2015 Speech, Mr Tharman announced that the CPF (Central Provident Fund) salary ceiling will be raised from …
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