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

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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

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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

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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

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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

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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

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Why your CPF withdrawal limit will be capped at $5K when you turn 55

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.

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Summary of 2013 National Day Rally Speech

Singapore’s PM Lee Hsien Loong delivered the 2013 National Day Rally Speech on Sunday. As he said: Singaporeans sense correctly that the country is at a turning point.

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CPF Housing Grant Scheme

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

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What happens to your investments under the CPF Investment Scheme (CPFIS) if you pass away?

Investment proceeds under CPF Investment Scheme (CPFIS) are not covered under the CPF nomination.  If you pass away, your investments under the CPFIS and any cash held in his

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