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This video explains CPF's contribution and allocation rates and how it changes throughout our lifetime. Contribution rates refers to the amount your employer and you are contributes to your CPF. Allocation rates refers to how the funds are subsequently divided amongst the 3 CPF accounts (Ordinary, Special and Medisave Account). Note ...

Find out how you can benefit from the changes in 2022. · CPF contribution rates: https://www.cpf.gov.sg/conrate2022 · Tax relief: https://www.cpf.gov.sg/rstutaxrelief · MediSave top-up: https://www.cpf.gov.sg/MAtop-up · Basic Retirement Sum: https://www.cpf.gov.sg/retirementsum · Basic Healthcare Sum: https://www.cpf.gov.sg/BHS · Monthly ...

There are three CPF-related changes announced in Budget 2023. Find out how it will benefit you: 1. CPF contribution rates for senior workers 2. CPF monthly salary ceiling 3. Minimum CPF monthly payouts for non-CPF LIFE members

Wonder what happens to your CPF savings when you turn 55? What is CPF LIFE and how much retirement payouts can you receive from your CPF savings? Watch this video and learn how you can start planning for your retirement with CPF. 00:00 Introduction 00:06 3 retirement needs – Home ownership, Healthcare financing, and Retirement income 01:57 ...

After watching this video, you will gain a basic understanding of each CPF accounts, the use of each accounts and things you should know before making voluntary contribution. CPF savings can only be withdrawn at age 55, this video will illustrate what will happen at age 55. I will also be sharing with you tips on how you could maximise your CPF ...

Are you heading for a comfortable retirement? In this edition of Money Matters, we learn how Singaporeans can make the most of their Central Provident Fund (CPF) savings to build up their retirement nest egg that can continue growing for years. READ MORE: https://str.sg/iouf For more Money Matters https://youtube.com/playlist?list ...

Watch this video to find out 7 reasons why Full Retirement Sum (FRS) is an important target and milestone to achieve in our CPF Special Account as early as possible. Link to CPF FRS Calculator: https://investingtoolkits.com/plan-your-retirement-calculate-your-cpf-full-retirement-sum-frs-when-you-turn-55/ My website: https://investingtoolkits ...

How to retrieve Central Provident Fund (CPF) contribution history is a 30 second tutorial on how to find your CPF contribution history. If you are planning on getting a home loan, this is one of the documents that the bank require to assess your eligibility for a home loan. 1. Click on "my cpf" Tab 2. Select "Contribution History" 3. Select 15 ...

How the new CPF contribution ceilings will affect workers and employers. For more of Money Mind: https://youtube.com/playlist?list=PLkMf14VQEvTZgHFM-uTxXiJ1Fll4SwL4y ========================== #CNA #MoneyMindCNA #CPF #Singapore For more, SUBSCRIBE to CNA INSIDER https://cna.asia/insideryoutubesub Follow CNA INSIDER on: Instagram: https://www ...

In his latest piece, Invest editor Tan Ooi Boon gives the best tips on how you can reap returns of between $200,000 and $1 million for your retirement with your CPF. READ MORE: https://str.sg/JDxZ 0:00 - Introduction 0:50 - Maximising CPF 2:25 - More from CPF Life 3:59 - Misconceptions about CPF Watch the full episode of The Big Story: https ...

The increases in Singapore's Central Provident Fund contribution rates will go into the Special Account, once changes to the retirement age and re-employment age are implemented. This will help maximise the interest workers can earn as the Special Account has a higher interest rate and is meant for use after retirement. Subscribe to our channel ...

In this lecture, learn how to use the detailed CPF Retirement Calculator. There are six steps in using this calculator.

The Government will continue with the next increase in CPF contribution rates in 2024 for senior workers aged 55 to 70 from Jan 1, 2024 to enhance retirement adequacy. READ MORE: https://str.sg/wvpF The CPF monthly income ceiling will also be raised to help middle-income Singaporeans save more for their retirement, said Singapore’s Deputy ...

Saving and investing are important parts of financial planning and can help you reach your financial goals. In this video, you will learn about: • Investment risk and return • Factors to consider before investing • Monitoring your investments Take the CPF Investment Scheme (CPFIS) Self-Awareness Questionnaire (SAQ) to assess if CPFIS is ...

The CPF Basic Retirement Sum will be raised by 3.5% per year for the next 5 cohorts of people turning 55. This is to provide members with higher monthly payouts in their retirement years, given the rising standards of living, said Finance Minister Lawrence Wong. https://str.sg/wmqL SUBSCRIBE http://bit.ly/FollowST -------------------- WEBSITE ...

Increases in CPF contribution rates that come with changes to the retirement age and re-employment age will go into the Special Account. The Tripartite Workgroup on Older Workers said this will help maximise the interest workers can earn. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service on Telegram: https ...

The CPF monthly salary ceiling will be raised in stages from S$6,000 to S$8,000 by 2026, Singapore Deputy Prime Minister and Finance Minister Lawrence Wong announced in his Budget statement on Tuesday (Feb 14). How does it affect your CPF contributions, your employer’s CPF contributions - and how does it affect your take-home pay? CNA ...

Follow The Straits Times on YouTube: https://str.sg/ytsub From a higher CPF monthly salary ceiling to cash payouts, we break down what Budget 2023 means for young working adults. READ MORE: Recap key speech highlights in our live coverage: https://www.straitstimes.com/singapore-budget-2023-live-coverage 7 things you need to know about Budget ...

Official Link: https://www.cpf.gov.sg/member/growing-your-savings/earning-higher-returns/earning-attractive-interest (1 July 2022 to 30 September 2022) Not Financial Advice Video is meant for Education and Literacy in Financial related matters. Contact: 93683801

The statutory retirement age and re-employment age will be increased to 63 and 68 respectively from 1 July 2022. The total CPF contribution rate will be increased by up to 2 percentage points for employees aged above 55 to 70 years. Minister for Manpower Tan See Leng announced this in Parliament on 1 November 2021. ️ Subscribe to the Gov.sg ...

In this video, you will learn about Central Provident Fund (CPF) Relief for Self-Employed Persons (SEP) and how Voluntary Contributions as a SEP to your three CPF accounts (Ordinary Account, MediSave Account, and Special Account) can help you to reduce your tax payable. For more information, please visit: https://go.gov.sg/secpfrelief This ...

Parliament has been presented with the proposed changes to the Central Provident Fund. CPF members will continue to receive their retirement payouts from their Ordinary and Special Accounts without disruption, even when their Retirement Account is depleted. To help members build up their nest egg, the tax relief for voluntary contributions to ...

This is demonstration of how to use the CPF Life Payout Estimator which is available on the CPF website at https://www.cpf.gov.sg/cpf_trans/ssl/financial_m

Built for Singapore compliance, KeyPay's automated CPF calculations feature ensure your payroll is compliant. Experience confidence in compliance with KeyPay. Find out more: https://bit.ly/2Su3v6N

In this lecture, there is a visual illustration of how the 2 CPF Life plans are implemented. Next we look at a summary of the retirement timeline at age 55 and beyond. We will also consider how long your money will last without CPF LIFE. Finally, we look at the eligibility rules for those who qualify for an L-Bonus when they join CPF LIFE.

This video is about CPF account limits, specifically Full Retirement Sum (FRS) in Special Account and Basic Healthcare Sum (BHS) in MA. It is important to understand how fund flows across different CPF accounts when the limits are reached. My website: https://investingtoolkits.com Support my work! https://www.buymeacoffee.com/investoolkits

The Government will take significant steps to support seniors in their retirement. These include increasing the CPF contribution rates for those aged 55 to 65 by a further 1.5 percentage points, raising the Enhanced Retirement Sum and rationalise the Special Account and Retirement Account. The Silver Support Scheme and the Matched Retirement ...

SINGAPORE — From 2025, the Central Provident Fund (CPF) Special Account of those aged 55 and above will be automatically closed and the money in there, up to the Full Retirement Sum, will be transferred to their Retirement Account. The balance will then go into their Ordinary Account.

The recent CPF changes announced at Budget 2015 will help provide more support and flexibility for Singaporeans in their retirement. Find out more at http://sg.sg/1NHy4sB or www.cpf.gov.sg.

Launched in 2021, the Matched Retirement Savings Scheme (MRSS) aims to help senior Singaporeans, who have not reached their Basic Retirement Sum, build their retirement savings. MRSS will first run for five years during which, the Government will match every dollar of cash top-ups made to the Retirement Account of eligible members, up to $600 ...

What considerations do you need when choosing a CPF LIFE plan for yourself? Watch this video and learn more about the 3 CPF LIFE plans and how you can receive lifelong monthly payouts for your golden years. 00:00 Introduction to CPF LIFE 00:49 Choosing your CPF LIFE plan (Escalating Plan, Standard Plan, Basic Plan) 02:43 How you can enjoy ...

Senior workers aged 55 to 65 will receive an increase in CPF contribution rates by 1.5% in 2026. Employers who hire Singaporean seniors aged 60 and above, and earning less than S$4,000 a month, will also receive a one-year extension in the Senior Employment Credit to offset wages. More details: https://cna.asia/42VLf8D Subscribe to our channel ...

Ten Seconds of Wisdom on why the CPF LIFE Basic Plan makes more economic sense than the Standard Plan when comparing both the payouts and bequest amount, explained by Christopher Tan, CEO of Providend. To learn more about how you can optimise CPF as part of your retirement plan, watch https://youtube.com/playlist?list ...

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 your own retirement, chances are you’ve come across the term “annuity”. But what exactly is it, and how are annuities relevant to you? Simply put ...

About 60,000 CPF members will receive higher payouts in January. Under changes to the Retirement Sum Scheme, payouts will go up to the age of 90, instead of 95. There will be no change to the payout eligibility ages or withdrawal rules. A review was done after feedback that the current payout duration of up to age 95 was too long. Subscribe to ...

Retirement Saving Plan implemented in Singapore is called as Central Provident Fund (CPF) – cpf.gov.sg CPF scheme deducts every month some money from salary and deposits to CPF account of that person. After retirement that person will get monthly payout. Epica Consulting is a Leading Company Incorporation Agent in Singapore. We provide ...

Retirement Sums are normally announced by CPF Board only for members turning 55 in the upcoming years. We may then wonder what will FRS be in 20 or 30 years’ time? This calculator is created to help us project what the FRS may be in the longer term. Please note the projection is just a reference point based on historical trends. FRS ...

Watch this video to understand the 1,2,3s of CPF. Find out more at: http://www.cpf.gov.sg

This video explains the relation between CPF Retirement Sum and CPF Life. Correction to BRS, FRS & ERS values mentioned in video (1:43 min) 2021 figures should be $93K, $186K and $279K respectively. CPF Life Estimator (CPF website): https://www.cpf.gov.sg/eSvc/Web/Schemes/LifeEstimator/LifeEstimator My website: https://investingtoolkits.com ...

Engage Josh Tan on a FEE to for a full retirement planning analysis today: https://www.theastuteparent.com/josh-tan/ Connect via LinkedIn now: https://www.linkedin.com/in/josh-tan-jl/ Summary The 3 CPF Life plans compared and they are Basic Plan, Standard Plan, Escalating Plan. Surprisingly the default STANDARD PLAN gives you more cash per ...

This video explains why the CPF LIFE Basic Plan is financially more superior than the CPF LIFE Standard Plan, and how the significantly higher Bequest Payable upon death far exceeds the loss due to the lower monthly payouts under the CPF LIFE Basic Plan. Opt for The CPF LIFE Basic Plan unless the $120 to $150 lower payout per month will impact ...

If you’re Singaporean or PR, you’d have a CPF account. This is a wildly complicated account with different contribution and allocation rates and today, we’re going to find out what the strategy is for utilizing your CPF. The asset is however under utilized as most people leave it to run by itself. I am making this video in the hopes of ...

Why do I need CPF? Will I ever get to use it? These questions and more on how your CPF pays for housing, healthcare and retirement are answered in this video.

After understanding how we can optimise CPF as an accumulation tool, now we will move on to discuss its role as a withdrawal tool during our retirement years. In Singapore, CPF LIFE lays the foundation of our retirement spending plan, and it is very important for it to be integrated into our retirement planning. In this video, Chris explains in ...

As a CPF account holder, you will need to make certain decisions with your CPF retirement account when you reach age 55 and 65. While CPF LIFE is the default scheme for most people, there are 3 types of CPF LIFE schemes that you can choose from. In this video I will be explaining the three types of CPF LIFE schemes available and how each scheme ...

For a quick read, here are the 10ways to note 😃: 1) Invest CPFOA into funds 2) Invest CPFOA into stocks/shares 3) Invest CPFOA into GOLD 4) Start career early 5) Don't use CPF for child's school fees 6) Move funds from CPFOA to CPFSA 7) Do retirement sum top up (RSTU) 8) Do voluntary contribution (VC) 9) Pay mortgage using CASH 10) Refinance ...

Being a trusted adviser to our affluent clients for over two decades, we've done the math. Considering the total payout and bequest amount, the CPF LIFE Basic Plan makes the most financial sense. In this first part of our Ten Seconds of Wisdom from our recent CPF webinar, Alvin Neo, Client Adviser at Providend, shares in great detail how each ...

Learn how to effectively utilize your CPF contributions for tax relief and optimize your financial planning strategies. #taxrelief #taxfiling #cpfboard #insurancesg #financialplanning Jiabao’s Insights(@gejiabao). original sound - Jiabao’s Insights. #taxrelief #taxfiling #cpfboard #insurancesg #financialplanning

Today you'd see my CPF statement and my strategies for 2023. You'd also hear an interesting flow chart on when to top up to CPF for full retirement sum and tax relief. Article on CARESHIELD LIFE UPGRADE - https://www.theastuteparent.com/2020/10/aviva-mylongtermcare-vs-ntuc-income-secure-care/ ******* ENGAGE Josh Tan on a fee for full retirement ...

Come JOIN OUR UPCOMING CPF SEMINAR (Targeting Early Mar25)! Specially planned if you are 50s and above with the NEW CPF CHANGES Pre-register below here! ‌ https://docs.google.com/forms/d/e/1FAIpQLSfCKGPqFUFXUi1_poS3DaOSvKodoW7WlBuIdntxVYsXvaLr6Q/viewform?usp=sf_link To see updates and polls, join my TELEGRAM "Josh Tan Investment Official ...