You may be looking to grow your CPF funds by investing some of your CPF OA and SA funds using the CPF Investment Scheme.
However, the options are rather limited as the CPF Board does not want you to take too many risks.
If you are thinking of buying US stocks using your CPF funds, here’s what you need to know.
Congratulations on reaching this important milestone at 55 years old! Now that you have greater control over your CPF, you may be wondering how to go about withdrawing your funds.
My dad allowed me to use his CPF account to perform a withdrawal, and here’s a step-by-step guide on how to do so:
Last updated on November 16th, 2021
You have heard of the 3 retirement sums, namely the BRS, FRS and ERS under the CPF Retirement Sum Scheme. However, you still have questions on what are they about, or how to go about saving towards it.
Therefore, this article will help to cover these burning queries by collating and answering the most important questions that you may have. Sit tight and enjoy!
Last updated on October 29th, 2021
Welcome to this cozy corner of the internet, where you can pick up little nuggets of financial knowledge to improve your personal wealth.
Although I am sure we have all heard of the CPF Special Account (SA), we do not usually pay much attention to it as there are limited ways to use our savings there.
To save you the trouble of having to navigate through the CPF website, here are 15 answers to questions that you may have about your SA. Sit tight and enjoy!
Last updated on November 16th, 2021
Welcome to this cozy corner of the internet, where you can pick up little nuggets of financial knowledge to improve your personal wealth.
After working for a number of years, you have accumulated some savings which you intend to set aside for your retirement goals. However, you are unsure on whether to save them in your CPF Special Account (SA), or grow them through investments in your Supplementary Retirement Scheme (SRS) account.
This article will help you to make a more informed choice by first making a comparison between the two schemes, followed by some suggestions on how to save for your retirement using both your SA and SRS.
Last updated on November 16th, 2021
You have just started to set aside some savings to invest towards your retirement goals.
However, you are still undecided on how much to allocate to the CPF Investment Scheme (CPFIS) or the Supplementary Retirement Scheme (SRS).
This article will guide you through your dilemma by first making a comparison between the two schemes, followed by some suggestions on how to best save for your retirement using both CPFIS and SRS.
Last updated on November 16th, 2021
As you are calculating your net worth, you may wonder if you should be including your CPF in the calculation.
Even though it’s your money, it is being ‘locked up’ the government. So should it be still considered as an asset?
Here is my opinion on why you should still consider CPF as a part of your net worth.
Last updated on June 6th, 2021
When you are deciding on topping up your CPF, you are presented with 2 options: topping up your Special Account (SA), or your MediSave Account (MA).
Since both earn the same amount of interest, is there really a difference between topping up either account?
Here’s what you need to know.
Last updated on September 14th, 2021
You may have heard about topping up your CPF to earn high interest rates on your funds.
However, the focus has mainly been on SA or MA top ups, while OA top ups are not as commonly mentioned.
So here’s what you need to know about topping up your OA:
Last updated on August 29th, 2021
If you are looking to fund your property’s purchase entirely with your CPF funds, you may want to consider the interest you accrue on these funds.
When you sell your flat, you will need to return the funds you’ve used, plus any accrued interest back into your OA!
This will mainly affect you if you want to receive the profits of your flat’s sale in cash.
Here’s what you need to know about the interest you’ll accrue on your CPF OA funds.
