CPF Board
βœ”
36K subscribers
1.15K photos
88 videos
733 links
Get bite-sized financial tips and know your CPF better at the CPF Board’s official Telegram channel! πŸ‘‹πŸ»

INVITE YOUR FRIENDS!
➑️ cpf.gov.sg/Telegram

Follow us on:
FB: cpf.gov.sg/Facebook
IG: cpf.gov.sg/Instagram
YT: cpf.gov.sg/YouTube
Download Telegram
10 months down, 2 more to go β€” 2023 is coming to an end 🀯

Don’t let retirement catch you unprepared. Take action with these timely reminders for a better retirement plan.

Use the CPF planner – retirement income to set your desired retirement goal and plan how you can make the most of your CPF to meet it πŸ‘‰ cpf.gov.sg/CPFPlannerTG

For members aged 55 and above, use the CPF LIFE Estimator to estimate your CPF LIFE monthly payouts πŸ‘‰ cpf.gov.sg/CPFLIFEEstimatorTG

Make or review your CPF Nominations today πŸ‘‰ cpf.gov.sg/MakeANominationTG

If you have an Integrated Shield Plan (IP), consider if it still meets your needs and whether you can continue to afford the increasing premiums. Learn more here πŸ‘‰ cpf.gov.sg/InsuranceProtectionTG

Stay informed, secure your future: subscribe to @CPFBoard’s Telegram channel now for essential CPF and financial insights at your fingertips.
πŸ‘26❀17πŸ€”3
Hunting for the best steals for 11.11 may seem like the Hunger Games 😰, but remember to keep financial prudence in mind to avoid breaking the bank ✨

If these aren’t necessities, consider diverting those funds to top up your CPF instead to give your savings a boost! πŸ’°

Learn how to grow your savings with compound interest here πŸ‘‰ cpf.gov.sg/CompoundInterestTG

Stay informed, secure your future: subscribe to @CPFBoard’s Telegram channel now for essential CPF and financial insights at your fingertips.
πŸ‘29❀5πŸ”₯2
Happy Deepavali!

May your day be filled with happiness, peace and brightness πŸͺ”
πŸ‘55❀30
Don’t let your CPF savings carry the entire β€œweight” of your new home. If possible, consider using a combination of cash and CPF savings to enjoy the benefits of both options βš–οΈ

To estimate how much of your CPF savings you can use to finance your home, access the CPF housing usage calculator here πŸ‘‰ cpf.gov.sg/HousingUsageCalcTG

Stay informed, secure your future: subscribe to @CPFBoard’s Telegram channel now for essential CPF and financial insights at your fingertips.
πŸ‘22πŸ€”8❀7πŸ”₯3
Think you’re an expert on MediShield Life? πŸ₯🧐 Test your knowledge by answering the questions below!
πŸ‘12❀1
πŸ‘14πŸ‘3πŸ€”3❀1
What is the maximum claim limit per policy year under MediShield Life?
Anonymous Quiz
37%
$100,000
16%
$125,000
47%
$150,000
πŸ‘11❀4πŸ‘2
MediShield Life can help to ease the burden of large hospital bills πŸ€—

πŸ’‘Refer to the illustration above to see the breakdown of the different components of a hospital bill

Click here to find out what can be claimed under MediShield Life πŸ‘‰ cpf.gov.sg/MediShieldLifeClaimsTG

Stay informed, secure your future: subscribe to @CPFBoard’s Telegram channel now for essential CPF and financial insights at your fingertips.
πŸ‘37❀4πŸ€”4
Scam tactics are evolving, and their threats are real and constant.

At CPF Board, we are committed to staying ahead of evolving threats, and will be introducing new measures to protect your CPF savings.

These new measures may cause some inconvenience but will give you more protection, as well as reaction time if a scammer were to target your account. We seek your understanding as we continue to strengthen our safeguards to deter scammers.

For more information, see cpf.gov.sg/ScamSafetyUpdatesTG

Stay informed, secure your future: subscribe to @CPFBoard’s Telegram channel now for essential CPF and financial insights at your fingertips.
πŸ‘102πŸ‘13❀11πŸ€”6😁4
CPF Board pinned a photo
Just like putting together the perfect fit πŸ‘–, it’s important to ensure that your chosen CPF LIFE plan is a good match with your desired retirement lifestyle πŸ–

πŸ’‘ To choose your plan, consider your willingness to adjust your expenditures during retirement.

πŸ’‘ Regardless of the plan you choose, rest assured by knowing that all plans will provide you with monthly payouts in retirement no matter how long you live. πŸ€—

Start planning for your desired retirement lifestyle today by using the CPF Planner – retirement income here πŸ‘‰ cpf.gov.sg/CPFPlannerTG2

Stay informed, secure your future: subscribe to @CPFBoard’s Telegram channel now for essential CPF and financial insights at your fingertips.
πŸ‘29❀4πŸ‘4😍3πŸ€”2
#CPFFlashQuiz Are you prepared to finance your upcoming BTO? 🏠 πŸ’΅

Take the quiz below to find out if you know these handy home financing tips!
πŸ‘7❀2
If you’re using your CPF savings to pay for your home, you should try and keep at least ___ months of your monthly housing installment in your Ordinary Account (OA) for emergencies.
Anonymous Quiz
41%
12
56%
6
3%
8
πŸ‘17❀1
To be financially prudent, you should choose a flat that costs less than ___ times the combined annual income of you and your partner.
Anonymous Quiz
47%
3
39%
5
15%
7
πŸ‘21❀4
When reviewing your housing budget, you should ensure to keep your Mortgage Servicing Ratio (MSR) within ___ of your gross monthly income.
Anonymous Quiz
45%
25%
37%
35%
18%
40%
πŸ‘13❀1πŸ”₯1
For more essential tips to help you through this milestone of buying your BTO flat, check out this link here πŸ‘‰ cpf.gov.sg/BTOFinancingTipsTG

Stay informed, secure your future: subscribe to @CPFBoard’s Telegram channel now for essential CPF and financial insights at your fingertips.
πŸ‘24❀6
Looking to jump into a protective plan that ensures your loved ones' financial security? 🦘

Tap the image below to find out more about the Dependants’ Protection Scheme (DPS)! πŸ‘‡
❀9πŸ‘4
Learn how you and your loved ones can be covered under DPS here πŸ‘‰ cpf.gov.sg/DPSTG

πŸ’‘ DPS coverage is automatically extended to you upon your first CPF working contribution between the ages 21 and 65.
πŸ’‘ If you are above age 16 and have not been automatically covered, you may apply for coverage directly.
πŸ’‘ Please note that DPS coverage is not compulsory.

Stay informed, secure your future: subscribe to @CPFBoard’s Telegram channel now for essential CPF and financial insights at your fingertips.
πŸ‘17❀8πŸ‘6
Don’t say bojio! 🍌

Make cash top-ups to your and your loved ones’ CPF account to enjoy up to a total of $16,000 tax relief* per Year of Assessment 🀩

πŸ’‘ Your loved ones include parents, parents-in-law, grandparents, grandparents-in-law, spouse and siblings.

Discover the eligibility criteria for tax relief benefits right here πŸ‘‰ cpf.gov.sg/TaxReliefTG

*Terms and conditions apply

Stay informed, secure your future: subscribe to @CPFBoard’s Telegram channel now for essential CPF and financial insights at your fingertips.
❀37πŸ‘19😁4πŸ€”3πŸ”₯2