CPF Board
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Get bite-sized financial tips and know your CPF better at the CPF Boardโ€™s official Telegram channel! ๐Ÿ‘‹๐Ÿป

INVITE YOUR FRIENDS!
โžก๏ธ cpf.gov.sg/Telegram

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Thank you for sharing your thoughts! Stay tuned for more updates. Turn on notifications to stay up-to-date with our latest content! ๐Ÿ””
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#DidYouKnow, if youโ€™re looking to purchase a resale flat, your flat purchase starts with the HDB Flat Eligibility (HFE) letter! ๐Ÿ ๐Ÿ“„

Check out ๐Ÿ‘† how the HFE letter gives you a clearer view of your housing and financing options before embarking on your home purchasing journey!

Click here for the full guide ๐Ÿ‘‰ cpf.gov.sg/HFELetterGuideTG

๐Ÿ“ข Plan and apply for your HFE letter in advance, as it takes about 1 month or even longer during peak periods to be processed.

Seeking bite-sized CPF tips and financial hacks? Join our Telegram @CPFBoard! Challenge yourself with quizzes for added fun & learning.
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Good news for self-employed persons (SEPs)! ๐Ÿฅณ

As of Work Year 2023, the Workfare Income Supplement (WIS) scheme has been enhanced. This means you get an added boost to your income and CPF savings to further build your retirement fund ๐Ÿ’ต๐Ÿ“ฉ

With the enhancements, eligible SEPs can now look forward to receiving up to $2,800 in annual payments (varies with age and income).

Find out more here, ๐Ÿ‘€ under the Self-employed tab ๐Ÿ‘‰ cpf.gov.sg/SEPWIS2023TG

Seeking bite-sized CPF tips and financial hacks? Join our Telegram @CPFBoard! Challenge yourself with quizzes for added fun & learning.
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With CPF LIFE, you can start to receive your monthly payouts from age 65 onwards to ensure you have a retirement income no matter how long you live. ๐Ÿ’ฐ

But #DidYouKnow: If you donโ€™t have immediate uses for your CPF monthly payouts, you can choose to delay the start for up to 5 years โ€“ till 70 years old. Doing so will allow your CPF LIFE payouts to increase by up to 7% for each year deferred! ๐Ÿ˜ฎ ๐Ÿ“ˆ

Read more about CPF LIFE here ๐Ÿ‘‰ cpf.gov.sg/CPFLIFEPayoutsTG

React ๐Ÿ˜ if you intend to defer your payouts to 70 years old!

Seeking bite-sized CPF tips and financial hacks? Join our Telegram @CPFBoard! Challenge yourself with quizzes for added fun & learning.
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How familiar are you with all the ins and outs of MediShield Life (MSHL)? ๐Ÿค” Take this #CPFFlashQuiz now to check your understanding! ๐Ÿ”

PS: You may attempt each question as many times as you wish, and click on the ๐Ÿ’กfor more clarifications on the answers.
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Illuminate your understanding of MediShield Life and how it can support your healthcare needs ๐Ÿ‘‰ cpf.gov.sg/UnderstandingMediShieldLifeTG

Seeking bite-sized CPF tips and financial hacks? Join our Telegram @CPFBoard! Challenge yourself with quizzes for added fun and learning.
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If thereโ€™s one day that we all look forward to more than Friday, itโ€™s pay-day! ๐Ÿค‘ But with greater spending power, comes greater financial responsibility ๐Ÿฆธ

Start your adulting journey on the right foot by splitting your income using this simple 50-30-20 budgeting rule ๐Ÿง

For more easy ways to grow your savings, head here ๐Ÿ‘‰ cpf.gov.sg/SMARTSavingsTG

Seeking bite-sized CPF tips and financial hacks? Join our Telegram @CPFBoard! Challenge yourself with quizzes for added fun & learning.
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