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While individuals contribute up to 20% of their salaries to their CPF account, employers also make a separate CPF contribution of up to 17% of their workers’ salaries each month. This is how companies ...
SINGAPORE - When the CPF Special Account for those aged 55 and older closes from the later part of January, those with higher savings should consider using the extra cash to boost their CPF Life ...
A chunk of our monthly CPF contributions goes into our MediSave Account (MA). Our MediSave Account savings is meant for our healthcare needs, including paying for certain healthcare insurance premiums ...
If you are a working Singaporean, you have heard the term “CPF contribution” thrown around. But what exactly is it, and how much do you need to pay? If these are questions, you, yourself, have been ...
The Special Account for people aged 55 and above will be closed from the second half of January 2025, one of a slew of changes in the Central Provident Fund (CPF) system in the new year. Other changes ...
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THE Central Provident Fund (CPF) Board is implementing several changes next year to ensure the CPF system remains relevant, and to help members build up their savings. On Monday (Dec 16), the board ...
SINGAPORE: The interest rate for Central Provident Fund (CPF) Special, MediSave and Retirement accounts will dip to 4 per cent per annum in the first quarter of 2025. This is down from 4.14 per ...
SINGAPORE - The interest rate on the Central Provident Fund (CPF) Special, MediSave and Retirement Accounts (SMRA) will dip to 4 per cent from January to March 2025, from 4.14 per cent this ...
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