Q3. To safeguard members aged 55 and above from scams, a Daily Withdrawal Limit (DWL) is in place for online CPF lump sum withdrawals made for immediate needs*. Which of these statements about this limit is FALSE?
Anonymous Quiz
24%
The default online DWL is set at $2,000.
16%
If you increase your DWL, a 12-hour cooling period and enhanced authentication will apply.
22%
The maximum online DWL has been reduced from $200,000 to $50,000.
38%
None of the above
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Know someone aged 55 and above? Share a helpful tip with them to safeguard their hard-earned CPF savings: suggest they activate the CPF Withdrawal Lock to disable online withdrawals. When they need to withdraw, they can increase their Daily Withdrawal Limit and wait 12 hours for the change to take effect.
As scammers’ tactics evolve, it’s important that we step up our defenses🚨! Start by learning how scams work and how to spot the signs 👉 cpf.gov.sg/AntiScamMeasuresTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
As scammers’ tactics evolve, it’s important that we step up our defenses🚨! Start by learning how scams work and how to spot the signs 👉 cpf.gov.sg/AntiScamMeasuresTG
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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Need a TL:DR on what the Basic Healthcare Sum (BHS) is all about? ✍️ We’ve got you covered with this pocket guide!
Learn how the BHS can help support your retirement needs and unlock the answers to some common myths. Get more info here 👉 cpf.gov.sg/BHSFAQsTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
Learn how the BHS can help support your retirement needs and unlock the answers to some common myths. Get more info here 👉 cpf.gov.sg/BHSFAQsTG
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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🌊 Don’t let life’s unexpected waves dampen your fun! Medical emergencies may seem unlikely, especially at a younger age, but life can be unpredictable. It’s always a good idea to build your healthcare foundation early and keep your coverage in check by regularly reviewing it.
🏖 Learn how CPF Board’s national healthcare schemes can protect you when financing your healthcare needs here 👉 cpf.gov.sg/HealthcareSchemesTG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
🏖 Learn how CPF Board’s national healthcare schemes can protect you when financing your healthcare needs here 👉 cpf.gov.sg/HealthcareSchemesTG
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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Enhancements to MediShield Life are coming in Apr 2025 to support 💪 Singaporeans’ evolving healthcare needs 🏥 Look forward to expanded coverage, higher claim limits, and adjusted premiums to ensure continued protection against rising medical costs.
Learn more about how the latest MediShield Life 2024 Review impacts you 👉 cpf.gov.sg/MSHL2025TG
Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
Learn more about how the latest MediShield Life 2024 Review impacts you 👉 cpf.gov.sg/MSHL2025TG
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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