In this edition of Guide to CPF LIFE, letβs take a deeper dive to find out how CPF LIFE is able to provide us with lifelong payouts π
By spreading out the risk of outliving your savings, CPF LIFE, a national longevity insurance annuity scheme, ensures that you can rest assured knowing the CPF savings you are building up now will eventually allow you to enjoy a steady stream of monthly payouts, no matter how long you live!
Head to π cpf.gov.sg/CPFLIFEMustKnowsTG to learn more key facts about CPF LIFE.
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips!
By spreading out the risk of outliving your savings, CPF LIFE, a national longevity insurance annuity scheme, ensures that you can rest assured knowing the CPF savings you are building up now will eventually allow you to enjoy a steady stream of monthly payouts, no matter how long you live!
Head to π cpf.gov.sg/CPFLIFEMustKnowsTG to learn more key facts about CPF LIFE.
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips!
π12π10β€8
#MonthlyReads: Unlock the βsecretsβ to smart budgeting for your new home this BTO launch season! π‘π°
Weβve gathered important resources to help you nail the budgeting process, regardless of whether youβre looking to buy your first home, upgrade or right-size your home. Check them out below and kickstart your home purchase journey with confidence!
π Essential CPF calculators and tools for housing planning
π cpf.gov.sg/HousingCalculatorsTG
π¦ 3 differences between HDB and Bank Loans π cpf.gov.sg/HousingLoansTG
π Top tips for managing your home budget effectively π cpf.gov.sg/HomeBudgetTipsTG
π Discover four essential tips for using your CPF for home purchases and manage your Ordinary Account usage here π cpf.gov.sg/CPFHomePurchaseTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
Weβve gathered important resources to help you nail the budgeting process, regardless of whether youβre looking to buy your first home, upgrade or right-size your home. Check them out below and kickstart your home purchase journey with confidence!
π Essential CPF calculators and tools for housing planning
π cpf.gov.sg/HousingCalculatorsTG
π¦ 3 differences between HDB and Bank Loans π cpf.gov.sg/HousingLoansTG
π Top tips for managing your home budget effectively π cpf.gov.sg/HomeBudgetTipsTG
π Discover four essential tips for using your CPF for home purchases and manage your Ordinary Account usage here π cpf.gov.sg/CPFHomePurchaseTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
π10β€4
It's time to get savvy about healthcare financing! β°
Check how much youβve claimed under your MediShield Life with this step-by-step guide.
Bonusπ‘: Use the MediSave and MediShield Life claims calculator to easily estimate how much you can withdraw from your MediSave and claim from MediShield Life for your medical treatments. Try it today π cpf.gov.sg/ClaimsCalculatorTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
Check how much youβve claimed under your MediShield Life with this step-by-step guide.
Bonusπ‘: Use the MediSave and MediShield Life claims calculator to easily estimate how much you can withdraw from your MediSave and claim from MediShield Life for your medical treatments. Try it today π cpf.gov.sg/ClaimsCalculatorTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
Telegraph
101 Guide: Viewing MediShield Life Claims
π27β€5π2π€2
Do you know the differences between an investment plan and an annuity plan?
Anonymous Poll
54%
Yes! π
46%
Iβm not sure π€¨
π7π2β€1
If youβre unclear about what makes CPF LIFE a longevity insurance annuity plan instead of an investment plan, weβre here to dispel your doubts!
Discover how CPF LIFE can help you secure your retirement here π cpf.gov.sg/LifelongMonthlyPayoutsTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
Discover how CPF LIFE can help you secure your retirement here π cpf.gov.sg/LifelongMonthlyPayoutsTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
β€24π18
The ideal CPF LIFE plan is one that best fits your personal life goals and circumstances. βοΈ Take this #CPFFlashQuiz and see how well you know your options!
P.S.: Did you know that tapping on the π‘can help you better understand the questions? You can also check out the article below to learn more.
P.S.: Did you know that tapping on the π‘can help you better understand the questions? You can also check out the article below to learn more.
π7
Which CPF LIFE plan offers protection against inflation?
Anonymous Quiz
80%
Escalating Plan
9%
Basic Plan
11%
Standard Plan
π5π€2β€1
How can you increase your CPF LIFE payouts?
Anonymous Quiz
7%
Make cash top-ups to my Special Account (SA)
3%
Make CPF transfers from my Ordinary Account (OA) to my SA
10%
Defer the start of my CPF LIFE payouts
80%
All of the above
β€3
For each additional year you defer the start of your CPF LIFE payouts, your payouts will increase by _____.
Anonymous Quiz
38%
3%
20%
6%
42%
7%
β€10π5
With 3 CPF LIFE plans to choose from, you can rest assured knowing youβll find the perfect recipe π³ for your ideal retirement.
Before choosing an option, consider the income needed for your desired retirement lifestyle and plan to manage inflation. Try our handy tool, CPF planner, to help you figure it out!
To learn more about the 3 CPF LIFE plans and see how the writer planned for his future using the CPF planner, head here π cpf.gov.sg/CPFLIFEPlansTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips!
Before choosing an option, consider the income needed for your desired retirement lifestyle and plan to manage inflation. Try our handy tool, CPF planner, to help you figure it out!
To learn more about the 3 CPF LIFE plans and see how the writer planned for his future using the CPF planner, head here π cpf.gov.sg/CPFLIFEPlansTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips!
π19β€6π5
This National Day of Encouragement, empower your future and that of your loved ones with a CPF top-up! π
Make a powerful impact on your CPF savings and enjoy up to $16,000 in tax relief.
Learn more here π cpf.gov.sg/CPFTopUpTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
Make a powerful impact on your CPF savings and enjoy up to $16,000 in tax relief.
Learn more here π cpf.gov.sg/CPFTopUpTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
π18β€5π₯3
β οΈ Beware of scam callers impersonating CPF Board
If you receive a call claiming to be from the CPF Board saying that your CPF accounts / Singpass will become inaccessible within a specific timeframe, or asking to use your MediSave for a medical bill, do not share any information and hang up immediately.
π¨These calls are not from CPF Board
Please make a police report via 1800-255-0000 or www.police.gov.sg/iwitness and inform CPF Board.
CPF Board will never:
β’ Call you using automated voice systems
β’ Ask you to transfer money over the phone
β’ Ask you to provide your banking, Singpass, CPF-related credentials as well as OTPs over the phone
β’ Ask you to download 3rd party mobile apps over the phone
β’ Direct/Transfer you to the police over the phone
Stay alert and download the ScamShield app for better protection against scams. For details, visit cpf.gov.sg/AntiScamTipsTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips!
If you receive a call claiming to be from the CPF Board saying that your CPF accounts / Singpass will become inaccessible within a specific timeframe, or asking to use your MediSave for a medical bill, do not share any information and hang up immediately.
π¨These calls are not from CPF Board
Please make a police report via 1800-255-0000 or www.police.gov.sg/iwitness and inform CPF Board.
CPF Board will never:
β’ Call you using automated voice systems
β’ Ask you to transfer money over the phone
β’ Ask you to provide your banking, Singpass, CPF-related credentials as well as OTPs over the phone
β’ Ask you to download 3rd party mobile apps over the phone
β’ Direct/Transfer you to the police over the phone
Stay alert and download the ScamShield app for better protection against scams. For details, visit cpf.gov.sg/AntiScamTipsTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips!
π26β€5π€2
π’ Wondering how you can build up savings for your housing and retirement needs as a Platform Worker (PW)? π€
These new measures for CPF contributions for PW can help support you. There will also be Government support to help lower-income PWs π
Find out more about the new CPF benefits π cpf.gov.sg/PlatformWorkersTG
Learn more about the support you can receive π cpf.gov.sg/PWTransitionSupportTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips!
These new measures for CPF contributions for PW can help support you. There will also be Government support to help lower-income PWs π
Find out more about the new CPF benefits π cpf.gov.sg/PlatformWorkersTG
Learn more about the support you can receive π cpf.gov.sg/PWTransitionSupportTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips!
Telegraph
Platform Workers
β€10π2π€2π₯1π1
Exciting news! π This month, eligible Singaporeans can look forward to receiving the Budget 2024 Cost-of-Living Special Payment as part of the enhanced Assurance Package.
This is on top of the GST Voucher β cash that was disbursed in August! ππ°
These are all part of the Governmentβs efforts to help ease cost-of-living pressures. Find out more about the available support at π www.govbenefits.gov.sg
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
This is on top of the GST Voucher β cash that was disbursed in August! ππ°
These are all part of the Governmentβs efforts to help ease cost-of-living pressures. Find out more about the available support at π www.govbenefits.gov.sg
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
β€22π11
Expecting a little one soon? πΌ The MediSave Maternity Package supports you in your journey from prenatal care to delivery.
Swipe through our pocket guide to find out how you can use your MediSave savings to ease the financial burden on your shoulders, so you can spend more of your time on what truly matters as you celebrate this milestone. Learn more about MediSave here π cpf.gov.sg/MaternityPackageTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
Swipe through our pocket guide to find out how you can use your MediSave savings to ease the financial burden on your shoulders, so you can spend more of your time on what truly matters as you celebrate this milestone. Learn more about MediSave here π cpf.gov.sg/MaternityPackageTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
π12β€8