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Singapore government is definitely determined to handle the “CPF hot potato“. There were several amendments to the CPF Act passed in Parliament lately on Oct 10, 2016. It
CPF Medisave Minimum Sum (MMS) scheme was abolished since 1 Jan 2016. It used to be the amount which you need to retain in your Medisave Account (MA) for your
Like most people, I used to think I could call it a day when I reach my retirement with a target, say a million dollars. I was wrong. Today, retirement planning is
In his 2013 National Day Rally, Prime Minister Lee Hsien Loong announced the new universal health insurance scheme MediShield Life. There are a lot of debates after the announcement, I have
At the National Day Rally 2014, the Prime Minister announced revisions to the Lease Buyback Scheme. Owners of four-room Housing Board flats can now sell part of their lease
This may be shocking news to you, you may only be able to withdraw $5,000 from your CPF when you are at age 55! Yes, you hear me right.
Last Updated on 30 Jul 2013 Under the CPF Housing Grant Scheme, the Government will provide eligible buyers of resale flats with a housing subsidy. To help low-income
With effect from 1 Jan 2016, there is no more CPF Minimum Sum. The scheme has been replaced by “CPF Retirement Sum Scheme”. Click here for the information
CPF Minimum Sum The Ministry of Manpower announced in August 2003 that the CPF Minimum Sum (MS) will be raised gradually to reach $120,000 (in 2003 dollars) in
There will be changes to the CPF Minimum Sum, the Medisave Minimum Sum and the Medisave contribution ceiling from July 1, 2008 The CPF Board said the new
