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3 days ago · With effect from 29 May 2024, the member and self-employed person’s “Contribute to my three CPF accounts” forms have been combined and renamed as “Top up CPF accounts”. This is to simplify the process in making voluntary top-ups, regardless of whether you are earning income as a self-employed person.
5 days ago · But because of the lost interest dynamics on CPF-OA, I think the 1-year T-Bills are comparatively much more attractive for CPF-OA buyers. Especially if you don’t need to use the CPF-OA money, and even something like 3.40% is higher than the 2.5% paid if you leave in CPF-OA. OCBC has a CPF Fixed Deposit – but only pays 2.8% for 1 year on CPF-OA
2 days ago · For employers of migrant workers or migrant domestic workers (MDWs) to see and pay their levy bills, or apply for waivers and refunds. Existing sponsors and authorised family members can also pay levy on behalf of MDW employers. For MDW employer Log in with Singpass. For business employer Log in with Singpass.
1 day ago · Desired Retirement Payout – factors affecting the payout (e.g. life expectancy, inflation) and tips on achieving desired payouts. CPF Nomination. CPF changes announced in Budget 2024. This is for CPF members aged 50 to 55 in 2024.
2 days ago · For those confident in surpassing the CPF OA’s 2.5% interest rate in the long run, there’s the opportunity to invest excess OA funds (beyond $20,000) through the CPFIS before embarking on a property purchase. This approach minimises the depletion of CPF OA savings for the home acquisition. To use CPF, or not to use CPF for a mortgage?
5 days ago · Because of that, the latest 6-month T-Bills closed at 3.64% yield. This means that if the upcoming 1-year T-Bills has an interest rate of around 3.6%ish (where they are trading on the open market now). They could be a pretty good buy actually – once you factor in the interest rate cuts in 2024/2025. The next 1-year T-Bills auction is coming ...
1 day ago · The annual total population growth rate for the year 2020 was -0.3%. [12] [13] Singapore's resident total fertility rate (TFR) was 1.10 in 2020; the Singaporean Chinese, Malay and Indian fertility rates were 0.94, 1.83 and 0.97 respectively. [14] History.
