SINGAPORE - The interest rate on the Central Provident Fund (CPF) Special, MediSave and Retirement Accounts (SMRA) will dip ...
The Basic Healthcare Sum has also been set at $75,500 in 2025 for those below the age of 65, up from $71,500 in 2024.
When you hit 65 you can actually receive CPF Lifelong Income For the Elderly (CPF LIFE) payouts. The important thing to understand about this scheme is that it’s an longevity annuity insurance ...
SINGAPORE: From Jan 1 to Mar 31, 2025, the interest rate for the Central Provident Fund (CPF) Special, MediSave and ...
CPF payouts will need to stretch over more years, Kok noted, adding that the system may not be able to provide enough for retirees. One of the key elements of CPF is CPF Life, the national ...
You can also purchase an annuity, which means making monthly or annual payments in order for you to get monthly cash payouts when you retire—kind of similar to CPF LIFE. Big insurers ...
These MediSave top-ups were previously announced in October, as part of additional government support to offset MediShield Life premium increases ... Provident Fund (CPF) accounts, depending ...