To help Singaporeans build up long-term savings for retirement, medical expenses and to pay for their housing, our CPF savings earn us a risk-free interest of between 2.5% to 6.0% p.a. For ...
SINGAPORE – The Basic Healthcare Sum will be raised from $75,500 to $79,000 for Central Provident Fund (CPF) members under 65 years old from Jan 1, 2026. Those aged 66 and above in 2026 will see no ...
In a year when even fixed deposit rates have started to slip from their pandemic-era highs, Singaporeans are once again asking: What’s the smartest move for your CPF savings? With the Ordinary Account ...
We can’t ignore our CPF account savings in Singapore. Each month, we make mandatory CPF contributions worth up to 37% of our salary. Doing this over three to four decades in the workforce, our CPF ...
This increment was made to keep pace with rising salaries and help middle-income Singaporeans save more for their retirement. Employees will, however, see a slightly reduced amount of immediate ...
Businesses are looking at a monthly increment of S$340 in CPF contributions per employee who has a salary of S$8,000 and above, which translates to S$4,080 in annual expenses.
[SINGAPORE] Central Provident Fund (CPF) interest rates across all accounts will remain unchanged for the first quarter of 2026, while the Basic Healthcare Sum (BHS) will be adjusted from S$75,500 to ...
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I’ve been writing finance guides at MoneySmart for over 2 years now. The best part about my job? Knowing that the content I create helps people. But the hardest part about writing finance guides for ...