Buyers and homeowners tend to overlook the fact that there is a limit on the use of the Central Provident Fund (CPF) when making withdrawals for housing payments. Neglecting to consider this in your ...
Already counting down the days to retirement… when you’re only 25 years old? Late nights at the office and crazy bosses can do that to you. Every month, you see a large chunk of your earnings ...
Using your CPF Ordinary Account (OA) savings to finance your private property is an alternative to using cash and is a personal decision. Home buyers should however be mindful not use all their CPF OA ...
SINGAPORE - We all know that the Central Provident Fund (CPF) is a national retirement scheme but many people still have some doubts about its efficiency and prefer to focus on the ways it prevents ...
From top-ups and transfers to the new Matched Retirement Savings Scheme, here are some ways to boost your savings and prepare for life ahead If you don't have an immediate need for these savings, you ...
2021 is coming to an end in about three months. Congratulations to all of us for making it through this tumultuous year. As much as my year has been a mess, I decided to ensure that my financial ...
Higher CPF monthly salary ceiling, Special Account closure for those aged 55 and above, raised Enhanced Retirement Sum (ERS), higher contribution rates for seniors, and more. These are some of the ...
We’ve come a long way from the GiveMeBackMyCPF days. Now that Covid-19 has thrown the stock market into turmoil, people are actually rushing to give CPF their money, with CPF top-ups reaching a new ...
Good afternoon Eric, You can utilize your all your CPF OA to purchase the resale condo if the balance lease is more than 60 years, it is your first residential property and you are not above age of 55 ...
I’m a new PR. I would like to use my CPF to buy the house. How much the minimum CPF fund should be in my account to buy a condo below 1m? Do I need to have full 15% in my CPF or is there any minimum ...