On Friday, 16th February 2024, our Singapore Deputy Prime Minister and Minister for Finance Lawrence Wong announced several CPF (Central Provident Fund) changes in Budget 2024. As I am in my forties, some of the …
Continue reading
Tag: Special Account
Our Central Provident Fund (CPF) consists of three accounts. They are Ordinary Account, Special Account and Medisave account. My Sweet Retirement blog posts related to Special Account.
CPF Interest Rate Set to Increase Soon
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 …
Continue reading
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 …
Continue readingHow to project your CPF Savings 20 years down the road?
Do you know if your CPF savings are enough for retirement? Well, Central Provident Fund Board (CPF) has recently launched an excellent mobile application (available on iPhone and Android). It lets you project how much CPF savings there …
Continue reading