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  1. CDA. You can expect your child's CDA to be opened within 3 to 5 working days of your child's birth registration, or after your child's enrolment into Baby Bonus Scheme, whichever is later. The CDA is a special co-savings account.

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      Useful Links - Child Development Co-Savings (Baby Bonus)...

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      Press Release - Child Development Co-Savings (Baby Bonus)...

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      Contact Us - Child Development Co-Savings (Baby Bonus)...

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      Forms - Child Development Co-Savings (Baby Bonus) Scheme

  2. BABY BONUS FOR YOUR CHILD. Cash Gift and Child Development Account (CDA) Join Baby Bonus to get a cash gift and open a CDA – a special savings account which can be used for your child’s educational and healthcare expenses at Baby Bonus Approved Institutions. Find out more .

  3. Feb 14, 2023 · Baby Bonus Scheme. The Baby Bonus Scheme helps you manage the costs of raising a child. It comprises the (i) Baby Bonus Cash Gift (BBCG) and (ii) Child Development Account (CDA) benefits comprising First Step Grant and Government co-matching of parents’ savings.

  4. Jul 28, 2023 · The Baby Bonus Scheme, which was introduced on 1 April 2001, supports parents' decision to have more children by helping to lighten the financial costs of raising children. The Baby Bonus Scheme consists of two components - a cash gift and a Child Development Account.

  5. Feb 14, 2023 · All eligible Singaporean children will receive a First Step Grant of $5,000, up from $3,000 previously. You can also double the savings deposited into your child’s CDA by leveraging the Government’s dollar-for-dollar matching, up to the Government co-matching cap.

  6. The Baby Bonus Scheme is a Government Scheme administered by the Ministry of Social and Family Development (MSF) to help parents manage the costs of raising children. It comprises a cash gift and Government contributions into the Child Development Account (CDA), which will be opened for your child.

  7. www.babybonus-eservices.msf.gov.sg › parent-helperServices | Baby Bonus

    The Baby Bonus Scheme, which was introduced on 1 April 2001, supports parents' decision to have more children by helping to lighten the financial costs of raising children. The Baby Bonus Scheme consists of two components - a cash gift and a Child Development Account.