As a salaried employee in Singapore, you probably see a large portion of your earnings disappear into your CPF account each month. You would also probably have heard about the Retirement Sum, and how you
Without a doubt, the past year has been filled with ups and downs for every single one of us. Not only did we have to deal with a global pandemic but we also had to
Every month, full-time employed workers who are Singaporeans or Singaporean PR, together with their employers, contribute Central Provident Fund (CPF) contributions that are then deposited into their Ordinary, Special and MediSave Account. CPF also provides
The Retirement Sum Scheme (RSS) is a monthly payout scheme for CPF members to enable them to have a basic standard of living condition after retirement. This scheme was updated to CPF LIFE in 2009
What do you envision when you think about retirement? Most people think about traveling the world, sipping cocktails on a tropical beach or even buying a house on the hill. While these are wonderful ideas
How Do They Serve You During Retirement? The Need for Lifelong Planning and Annuity in Singapore Information published by the Department of Statistics shows that about 3 out of 6 persons are expected to live
The Need for Lifelong Planning and Annuity in Singapore As healthcare and technology advances, the life expectancy is also improving. Statistics has shown that the life expectancy of Singaporeans is increasing. In figures, it is
As a follow up to our previous article talking about legit ways of reducing your income tax, here are more ways for you to reduce your income tax… if you have kids. Next time before
Getting hospitalised isn’t just worrying in terms of recovery, it can hit your finances hard. This is why hospitalisation insurance is important to cover bills. All Singaporeans and PRs are covered with a plan called
7 mins read Have you ever thought of retirement and then had a big scare? With things like inflation, rising costs of living and people increasingly getting more and more unhappy about their salary, it
Careshield Vs Eldershield: Should You Opt In? There’s a new disability insurance scheme that is about to be launched in Singapore called CareShield Life (终身护保). This type of disability insurance is not entirely new. Before
CareShield Life (终身护保) is a disability insurance scheme for Singaporean residents that will be launched on 1 October 2020. If you are born 1980 or later, it is compulsory for you. You will be automatically