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SINGAPORE, Feb 16 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. ....
Budget 2024: CPF changes for senior workers include Special Account closure, higher Enhanced Retirement Sum businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
One key highlight of Budget 2023 is the coming changes to the CPF contribution ceiling. In order to help Singaporeans save more for retirement, the salary ceiling will gradually go up from the current level of $6,000 to $8,000. What does this change mean for the average Singaporean? And for that matter, what else should you know about CPF contributions. ....
The average cost of education in Singapore has risen by as much as 75.7 per cent in the past two decades and it will continue to grow in an upward trend alongside the escalating cost of living. If you are a new parent, this is probably a red alert to start saving early for your child's future tertiary education. How. ....