CPF Board
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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

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It’s time for another #CPFFlashQuiz! πŸ“ Think you’re a pro on CPF savings? Test your knowledge by answering the questions below and don’t worry – you can keep trying until you get all the answers right! πŸ˜‰

Psst… 🀫 read the article below to find the answers you need! 😜
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What is the amount of tax relief you are eligible for per year when you make cash top-ups to your CPF account?
Anonymous Quiz
15%
Up to $5,000
71%
Up to $8,000
14%
Up to $11,000
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The secret recipe to growing your savings for future needs? πŸ§‘β€πŸ³ Compound interest of course! Harness its power to multiply your CPF contributions to support your housing, healthcare and retirement needs! πŸ₯³

Want to know how else you can cook up more savings? Read this πŸ‘‰ cpf.gov.sg/PowerofCompoundInterestTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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Planning ahead while keeping your life priorities in mind will give you the confidence you need to work towards your goals. ✍️ Set clear, achievable checkpoints, and you'll realise that your journey towards a sense of financial calm is reachable after all!

Need some inspo? Check out some useful tips to help chart your next step here πŸ‘‰ cpf.gov.sg/FinancialCalmJourneyTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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The Government has accepted recommendations to enhance MediShield Life, keeping it relevant for Singaporeans amid rising healthcare costs and changes in the healthcare landscape. πŸ₯

With the MediShield Life enhancements, premiums will increase from Apr 2025, upon policy renewal. To ease this, the Government will be providing $4.1 billion in premium support over the next three years.

No one will be denied coverage due to an inability to pay their premiums. πŸ’ͺ

For the full list of enhancements that will be progressively introduced, see here πŸ‘‰ cpf.gov.sg/MediShieldEnhancementsTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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Are you a Platform Worker (PW) born before 1995 and considering opting in to increased CPF contributions from 1 Nov 2024? πŸ’­

Which benefit would you find most helpful?
Anonymous Poll
55%
Increasing my CPF savings with contributions from both myself and my platform operators
23%
Growing my CPF Ordinary Account to help pay off my housing loan
22%
Getting cash support from the Platform Workers CPF Transition Support (PCTS)
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Gain long-term advantages when you choose to opt in! πŸ’°

As you deliberate your options, our Platform worker CPF contribution calculator can help you make an informed decision. It’ll show you how much you and your platform operator will contribute, and how those contributions will be allocated across your CPF Ordinary, Special, and MediSave Accounts πŸ‘‰ cpf.gov.sg/PWCalculatorTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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Retirement might sound far away, but it happens before you know it. Start preparing for it right about now 🌱 to live the lifestyle you envision in the future. 🌲

No idea how to go about the planning πŸ“? Join us at the β€œReady for Life” Festival 2024 on 2 Nov at Marina Bay Sands Expo & Convention Centre!

Be inspired by insightful talks covering topics ranging from mastering money management, investing to wellness tips, and finding the balance between career, passion and family.πŸ’‘

You can also visit booths at the Festival Hall, where you’ll get be able to interact with industry experts, secure one-on-one complimentary financial health and learn about CPF tools that can help chart your future. 🌈

Seats are limited. Secure yours for free now πŸ‘‰ cpf.gov.sg/ReadyforLife2024TG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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Getting spooked by the thought of buying your first home? πŸ‘»πŸŽƒ

#MonthlyReads: Check out some homeownership tips and resources we’ve gathered below to help you kickstart your housing journey!

πŸ‘« Manage your housing expenses as a newlywed πŸ‘‰ cpf.gov.sg/NewlyWedFinancialTipsTG

🏠 Join first-time homeowners Kent and Cui Xia as they share tips on financial harmony and using the CPF Home Purchase Planner here πŸ‘‰ cpf.gov.sg/KentAndCuiXiaTG

πŸ›  Estimate how much Ordinary Account (OA) savings to use for your home purchase
πŸ‘‰ cpf.gov.sg/CPFHousingUsageCalculatorTG

πŸ’°Identify housing expenses that you need to watch out for πŸ‘‰ cpf.gov.sg/HousingExpensesToConsiderTG

πŸ›‘ Learn how to safeguard your new HDB flat πŸ‘‰ cpf.gov.sg/ProtectYourHomeTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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Happy Deepavali!

Wishing you a blessed celebration of light, love and laughter πŸͺ”
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Happy National Caregivers Month!

As caregivers, know that support is available to you through these schemesπŸ’•

Learn more about the Concessionary Workfare Income Supplement and it’s benefits here πŸ‘‰ cpf.gov.sg/WISForCaregiversTG

Share this post with a fellow caregiver to brighten their day!

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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What are you doing this weekend? πŸ€”

If you’re looking for ways to stay on track with your financial goals, just visit us at our β€œReady for Life” Festival 2024, happening today!

Catch engaging talks on investment, legacy planning, wellness and more.

Plus, stop by our booths for a complimentary one-on-one financial health assessment and a chat with our financial partners.

See you at Marina Bay Sands Expo & Convention Centre!πŸ“

View event details here πŸ‘‰ cpf.gov.sg/ReadyforLife2024TG2

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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Brewing up a plan to finance your home? πŸ«–

If you’re considering using your Ordinary Account (OA) savings for your housing loan, consider setting aside at least $20,000 in your OA as a safety net for unforeseen circumstances.

This way, you’ll also earn risk-free interest of 2.5% annually,πŸ’°helping you build funds for your future needs✌️

Find out more here πŸ‘‰ cpf.gov.sg/RetainingOASavingsTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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Planning finances for your next home doesn’t need to feel like tackling a tough math test πŸ’ͺ

Let the CPF Home Purchase Planner crunch the numbers for you! Simply provide details about your financial profile, current housing situation and retirement goals, to get your recommended home purchase budget instantly, complete with a breakdown of housing loan payments.

Bonus: By inputting your retirement goals, the planner shows you how your home purchase could impact your future retirement plans 🀯

Try it out here πŸ‘‰ cpf.gov.sg/HomePurchasePlannerTG and share this with fellow home buyers and show off your pro planning skills! πŸ˜‰

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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