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The interest rate for Special, MediSave and Retirement Account is 4.08% per annum from 1 July 2024 to 30 September 2024. Rate structure. How are CPF interest rates determined? More about CPF interest rates. Ordinary Account interest rate. Interest rate from 1 July 2024 to 30 September 2024: 2.5% per annum.
- CPF interest rates from 1 July 2024 to 30 September 2024
Interest Rate for CPF Special, MediSave and Retirement...
- CPF interest rates from 1 July 2024 to 30 September 2024
5 days ago · The current base interest rate is 2.5% per annum for the Ordinary Account, and 4% per annum for Special, MediSave and Retirement accounts.
Jun 17, 2024 · As we can see, our Special Account, Retirement Account and MediSave Account are paying above the 4.0% floor interest rate. This is because CPF interest rates are not fixed. According to the CPF Act, there is a formula that governs the calculation of interest returns on our CPF balances.
- Dinesh Dayani
Feb 17, 2024 · The Ministry of Finance said savings in the Special Account, some of which can be withdrawn anytime for members aged 55 and older, should not be earning a higher interest rate.
Feb 21, 2024 · Learn about the Special Account, one of the four CPF accounts in Singapore, and how it earns a floor interest rate of 4% and an extra 1% until 2025. Find out how it is used for retirement, housing and other purposes.
5 days ago · Interest Rate for CPF Special, MediSave and Retirement Accounts. With the Special, MediSave and Retirement Accounts (SMRA) pegged rate exceeding the floor rate of 4%, savings in the SMRA will earn 4.08% in the third quarter of 2024, from 1 July to 30 September 2024.
Jan 1, 2024 · The Special, MediSave and Retirement Account (SMRA) interest rate will be 4.08% per annum from 1 January 2024 to 31 March 2024. Basic Healthcare Sum for 2024. The Basic Healthcare Sum (BHS) is the estimated savings required for basic subsidised healthcare needs in old age.
