What happens to your CPF accounts when you turn 55?
Anonymous Quiz
11%
Your Ordinary Account (OA) is closed and your OA savings are transferred to your Special Account
81%
Your Special Account is closed and your Retirement Account is created
8%
All your CPF accounts are merged into a single account
❤6
How much can you withdraw from your Ordinary Account if you have not set aside your Full Retirement Sum (FRS)?
Anonymous Quiz
70%
Up to $5,000
9%
Up to $10,000
21%
None
What is one of the ways you can receive higher monthly retirement payouts in the future?
Anonymous Quiz
2%
Withdraw money from your OA once you turn 55
6%
Top up your OA
92%
Top up your RA up to Enhanced Retirement Sum (ERS)
❤4
Understanding what happens at age 55 can help you make more informed decisions, so you can knock it out of the park when planning for your retirement! ⚾️
Learn more about the key changes to your CPF when you turn 55 👉 cpf.gov.sg/Turning55TG
Level up your CPF know-how, one quick tip at a time 📈 Stay in the loop and subscribe to @CPFBoard on Telegram.
Learn more about the key changes to your CPF when you turn 55 👉 cpf.gov.sg/Turning55TG
Level up your CPF know-how, one quick tip at a time 📈 Stay in the loop and subscribe to @CPFBoard on Telegram.
❤20👍12
⚠️ Watch out for scammers claiming to represent CPF Board on retirement and investment matters ⚠️
Scammers may impersonate CPF Board officers, government officials or financial advisors. They may claim that they are representing or partnering CPF Board to advise you on retirement and investment matters, including the closure of your Special Account and offering investment products with attractive guaranteed returns.
Recent tactics include:
• Calling from local mobile numbers and claiming to be financial agents offering a 6% guaranteed product to maximise retirement payouts.
• Sending you links to "official" sources to verify their claims.
• Alleging that you had missed a notification from CPF Board about the investment opportunity.
• Attempting to arrange a face-to-face meeting, claiming to have obtained your contact number directly from CPF Board.
Ignore these requests. 🛑 CPF Board will only contact you through these official channels:
• Calls will only be made from 6227 1188. CPF Board will never call you via WhatsApp or any other messaging apps.
• SMSes will only be sent from the “gov.sg” sender ID.
• WhatsApp messages to CPF members will be from “CPF Board Text Us” or “CPF Board”, with the blue verified tick.
• CPF Board emails will end with @cpf.gov.sg or @e.cpf.gov.sg. Check that the email address is spelt correctly.
If unsure, STOP and CHECK with 24/7 ScamShield anti-scam helpline via 1799, and inform CPF Board via cpf.gov.sg/service/contact-us. Learn more 👉 cpf.gov.sg/antiscamtips.
Level up your CPF know-how, one quick tip at a time 📈 Stay in the loop and subscribe to @CPFBoard on Telegram
Scammers may impersonate CPF Board officers, government officials or financial advisors. They may claim that they are representing or partnering CPF Board to advise you on retirement and investment matters, including the closure of your Special Account and offering investment products with attractive guaranteed returns.
Recent tactics include:
• Calling from local mobile numbers and claiming to be financial agents offering a 6% guaranteed product to maximise retirement payouts.
• Sending you links to "official" sources to verify their claims.
• Alleging that you had missed a notification from CPF Board about the investment opportunity.
• Attempting to arrange a face-to-face meeting, claiming to have obtained your contact number directly from CPF Board.
Ignore these requests. 🛑 CPF Board will only contact you through these official channels:
• Calls will only be made from 6227 1188. CPF Board will never call you via WhatsApp or any other messaging apps.
• SMSes will only be sent from the “gov.sg” sender ID.
• WhatsApp messages to CPF members will be from “CPF Board Text Us” or “CPF Board”, with the blue verified tick.
• CPF Board emails will end with @cpf.gov.sg or @e.cpf.gov.sg. Check that the email address is spelt correctly.
If unsure, STOP and CHECK with 24/7 ScamShield anti-scam helpline via 1799, and inform CPF Board via cpf.gov.sg/service/contact-us. Learn more 👉 cpf.gov.sg/antiscamtips.
Level up your CPF know-how, one quick tip at a time 📈 Stay in the loop and subscribe to @CPFBoard on Telegram
❤22👍10
A simple yet meaningful gesture today can help light up 💡 your loved one’s tomorrow. With the Matched Retirement Savings Scheme (MRSS) and the Matched MediSave Scheme (MMSS), your care can go further. 💚
For every cash top-up you make to their Retirement Account or MediSave Account respectively, they will receive a matching grant from the Government*! This can help them feel more confident about their financial security for the future.
Together, your support and the matching grants can help strengthen their financial security for the future.
Find out more about the schemes here 👉 cpf.gov.sg/MRSSMMSSTG
*Eligibility criteria apply.
Level up your CPF know-how, one quick tip at a time 📈 Stay in the loop and subscribe to @CPFBoard on Telegram.
For every cash top-up you make to their Retirement Account or MediSave Account respectively, they will receive a matching grant from the Government*! This can help them feel more confident about their financial security for the future.
Together, your support and the matching grants can help strengthen their financial security for the future.
Find out more about the schemes here 👉 cpf.gov.sg/MRSSMMSSTG
*Eligibility criteria apply.
Level up your CPF know-how, one quick tip at a time 📈 Stay in the loop and subscribe to @CPFBoard on Telegram.
❤13👍4
Planning for your dream home? 🏠
The Home Purchase Planner helps you make more informed decisions with a personalised estimate of your home purchase budget and your retirement in mind.
Find out how to make the most of the Home Purchase Planner with our #CPFPocketGuide!
Click here to learn more 👉 cpf.gov.sg/HomePurchasePlannerTG
On-the-go CPF tips for your daily scroll 📲 Subscribe to @CPFBoard on Telegram to stay in the know.
The Home Purchase Planner helps you make more informed decisions with a personalised estimate of your home purchase budget and your retirement in mind.
Find out how to make the most of the Home Purchase Planner with our #CPFPocketGuide!
Click here to learn more 👉 cpf.gov.sg/HomePurchasePlannerTG
On-the-go CPF tips for your daily scroll 📲 Subscribe to @CPFBoard on Telegram to stay in the know.
❤14👏3
As a platform worker, your CPF contributions are quietly working in the background, growing your savings with every job. Do you know how they can support your retirement, housing and healthcare needs?
Check out this #CPFFlashQuiz and see if you’re up to speed on all the details 🏍
Check out this #CPFFlashQuiz and see if you’re up to speed on all the details 🏍
❤6
By 2029, what changes will be seen in CPF contribution rates?
Anonymous Quiz
8%
They will remain the same indefinitely
80%
They will gradually increase to match employee and employer CPF contribution rates
11%
They will increase by 6% once
❤6
Which CPF accounts will receive contributions from platform workers who opt in?
Anonymous Quiz
14%
Ordinary Account only
10%
MediSave Account only
76%
Ordinary, Special, and MediSave Accounts
Until what year will the Platform Workers CPF Transition Support be provided?
Anonymous Quiz
20%
2027
14%
2028
67%
2029
❤3
You can look forward to increased total savings, with CPF contributions from platform operators helping to keep your retirement firmly on track! 💰
With consistent contributions, your CPF savings can grow steadily over time, supporting your housing, retirement, and healthcare needs in the future.
For more on platform worker CPF contribution rates 👉 cpf.gov.sg/PlatformWorkerFAQTG
Level up your CPF know-how, one quick tip at a time 📈 Stay in the loop and subscribe to @CPFBoard on Telegram.
With consistent contributions, your CPF savings can grow steadily over time, supporting your housing, retirement, and healthcare needs in the future.
For more on platform worker CPF contribution rates 👉 cpf.gov.sg/PlatformWorkerFAQTG
Level up your CPF know-how, one quick tip at a time 📈 Stay in the loop and subscribe to @CPFBoard on Telegram.
👍16❤9