CPF

The end of the year is often a period where we slow down our pace of work and spend some quality time with the family, especially in this disruptive year of covid-19. As the year winds down, we [...]

Mention what you could optimize about your CPF and the conversation will naturally shift to tips and tricks you could do to optimize your money with your CPF OA, CPF SA, and CPF Medisave [...]

1. For the extra 1% interest, how do they divide the interest on $40,000 between SA and RA? CPF allocates based on the precedence of RA-OA-SA-MA. If you are currently after 55 years old, and you [...]

Retirement today is more than just a matter of accumulating enough money. Increasing life expectancy has made retirement an extended stage of life. If you’ve started looking into planning for [...]

Following the National Day Rally announcements on the option (not a requirement!) to retire later and the increase in CPF contribution rates for older workers, Christopher Tan, CEO of Providend [...]

When the Central Provident Fund (CPF) was introduced in 1955, it only had one intention and that is to help Singaporeans to save for retirement. Since its establishment, the fundamental of it has [...]

Does this describe you: you have worked for a number of years, your income is moving up and so is your income tax bill, and the last time you received your NOA (Notice of Assessment) from IRAS in [...]

Last week, I received multiple text messages from my friends with regard to CPF. And when I saw similar messages posted all over Facebook, I knew I had to clarify it. An excerpt of the first [...]

In its recent report, The Global Savings Gap, the International Longevity Centre UK (ILC-UK) compared the adequacy and sustainability of pension systems across 28 OECD countries, as well as [...]

All these years, I know for a fact that many of us do not really understand our CPF well. To many, it is just one of the many ways our government uses to “hoard” our assets. Over the past 2 [...]