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Closure of CPF Special Account not aimed at 'saving interest monies' for govt: Tan See Leng

SINGAPORE   The closure of the Central Provident Fund (CPF) Special Account is not aimed at helping the Government to save on higher interest it pays out to such account holders, said Minister for Manpower Tan See Leng in Parliament on Wednesday (28 Feb). ....

Lawrence Wong , Ministry Of Manpower , Central Provident Fund , Parliament On , Progress Singapore Party , Special Account , Manpowertan See Leng , Second Minister , Deputy Prime Minister Lawrence Wong , Full Retirement Sum , Enhanced Retirement Sum , Basic Retirement Sum , Ordinary Account , Retirement Account , Budget 2024 , Tan See Leng ,

Money Talks - CPF Special Account closure: How it will affect you

The latest changes to the CPF scheme announced in Budget 2024 raised concerns about the potential impact on retirement planning – specifically, the closure of the CPF Special Account. How will these changes affect your nest egg? We speak to Alvin Chow, CEO of financial education platform Dr Wealth. ....

Andrea Heng , Prashant Aggarwal , Moneyhero Group , Money Talks ,

Money Talks Podcast: CPF Special Account closure - How it will affect you

Central Provident Fund (CPF) members aged 55 and above will no longer have a Special Account from 2025. How will this affect your retirement savings? ....

Calvin Chow , Cpf Life , Money Talks , Budget 2024 ,

31% more Singaporean flat buyers used CPF Public Housing Grant after funding was increased in 2023

More Singaporeans used the CPF Housing Grant to buy resale flats since the scheme was expanded last February. Some market watchers say this helped prop up the resale market amid weak demand. Over 11,000 households utilised the grant, which applies to first-time buyers. Rachel Teng reports. ....

Rachel Teng , More Singaporeans , Property Market ,