The Central Provident Fund Board (CPFB) announced on 2 October 2020 that, from 1 April 2021, CPF members under the Dependants’ Protection Scheme (DPS) will enjoy a higher sum
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CPF Interest Rate: Is it Really Guaranteed?
When it comes to retirement planning, you cannot ignore the Central Provident Fund (CPF). CPF is the default retirement solution for every Singaporean. Most people have some vague
Retirement Planning: What You Need to Know About CPF Top Up
CPF Life is crucial to every Singaporean’s retirement planning. There are people who protested and demanded the government to “Return Our CPF”, but there are also many people
How Does CPF Life Fit into Your Retirement Planning
If you read a lot about retirement planning, you may have built up some Income Generating Assets such as Real Estate Investment Trusts (REITs) or Retirement Income Plans.
What is Medisave Contribution Ceiling
The Medisave Contribution Ceiling is the maximum amount that you are required to contribute and maintain in your Medisave Account. Any Medisave contribution in excess of the current
4 things you must know about recent CPF changes
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
What is CPF Medisave Minimum Sum
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
How CPF Minimum Sum Retirement Scheme changes affect you
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
An Update on MediShield Life
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
All you need to know about Lease Buyback Scheme (LBS)
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