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

Follow us on:
FB: cpf.gov.sg/Facebook
IG: cpf.gov.sg/Instagram
YT: cpf.gov.sg/YouTube
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Your Full Retirement Sum is fixed when you turn age 55 and will not change.
Anonymous Quiz
51%
True
49%
False
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If you own a home in Singapore with a remaining lease that can last until you are 95 years old, you can withdraw from your CPF any amount above the…
Anonymous Quiz
68%
Basic Retirement Sum (BRS)
22%
Full Retirement Sum (FRS)
10%
Enhanced Retirement Sum (ERS)
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Boost your parents’ retirement savings by making a cash top-up to their CPF account! With the Matched Retirement Savings Scheme (MRSS), the Government will match your top-up dollar for dollar for up to $600 per year. 🏦

πŸ’‘ Pro tip: You can qualify for tax relief of up to $8,000 per calendar year when you do a top-up for your loved ones.

Check if your parents are eligible for MRSS here πŸ‘‰ cpf.gov.sg/MRSSTG
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The @Mothershipsg team shares 5 new features on our revamped website to help you stay on top of your finances πŸ‘‰ cpf.gov.sg/RevampedWebsiteTG

Simply experience it for yourself at πŸ‘‰ cpf.gov.sg!
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Take the first step towards managing your healthcare expenses with this free webinar.

A guest speaker from the Ministry of Health will be sharing on Singapore’s healthcare financing and coverage, so do sign up! 😎 cpf.gov.sg/HealthcareCostWebinarTG
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Pressure on your finances can add to emotional and mental stress too. With World Health Day happening this month, set aside some time to review your financial health. πŸ”

Consider some pro tips from our staff, Shi Khin (Healthcare Planning Department), who shares how her interest in rock climbing πŸ§—β€β™€οΈ has inspired her financial journey.
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Feeling the temptation to join the Great Resignation? πŸ€”

Hold your horses - find out what you should do before quitting your job πŸ‘‰ cpf.gov.sg/OfficeBucketListTG

Answer the following questions to assess if you’re ready to make the leap to greener pastures. πŸ‘‡
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Are you able to cover your living expenses while looking for a new job?
Anonymous Poll
62%
Got that covered! πŸ’ͺ
38%
Uh…. πŸ˜“
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Are you going for any upskilling courses to improve your resume?
Anonymous Poll
66%
Of course! 😎
34%
What's that again…? πŸ₯΄
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If you are going to try freelancing, do you foresee yourself being able to cover the mandatory MediSave contributions?
Anonymous Poll
64%
Yep, health comes first! πŸ˜‰
36%
I can’t even cover lunchβ€¦πŸ˜’
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Having trouble deciding if your parents should switch to CareShield Life? Find out the pros of doing so in this article by financial blogger Heartland Boy πŸ‘‰ cpf.gov.sg/CareShieldLifeTG
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A big part of preparing for the future is planning your retirement, which is an important process that shouldn’t be overlooked. πŸ€”

Setting aside a retirement sum provides you with a regular income to support your post-retirement lifestyle. More here πŸ‘‰ cpf.gov.sg/RetirementSum55TG
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Linda was a fashion designer and DJ, but running her own fashion business wasn’t smooth-sailing ⛡️ and it almost left her bankrupt. πŸ’Έ

After stepping away from the industry, Linda went on a transformation to rediscover her life’s priorities.

πŸ’‘ Her top three tips:
1️⃣ Don’t go overboard with your spending; save for a rainy day!
2️⃣ Contribute to your CPF even if you're self-employed, to leverage on CPF’s attractive interest rates
3️⃣ Plan ahead and understand your lifestyle needs

Learn more about her story on CPF Board’s TikTok channel here πŸ‘‰ cpf.gov.sg/TikTok
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β€œAt CPF, it’s ingrained in our culture to take a long view to build a strong foundation for citizens’ retirement needs. It is our collective responsibility to tread lightly on this planet and do our part for long-term sustainability.”—Augustin Lee, CEO, CPF Board

Our Tampines CPF building will be part of a network equipped with a sustainable cooling solution, which will reduce our carbon emissions by about 6% over 30 years!

Who says you can’t stay cool and green? 😎

πŸ‘‰πŸ» cpf.gov.sg/TampinesCoolingTechTG
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If you love the feeling of a clean and organised desktop πŸ–₯, why not extend this to your finances? Organising and cutting out unnecessary expenses help you save more for the important things in your life! πŸ‘‰ cpf.gov.sg/BudgetingTipsTG2
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Nothing is more reassuring than knowing your CPF savings are there to support your housing, healthcare, and retirement needs! πŸ’ͺ

Learn how to make the most of your CPF here πŸ‘‰ cpf.gov.sg/CPFHacksTG
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Blindly following the crowd at investing could be a rollercoaster ride. 🎒

For those who prefer a more stable and risk-free way of growing your money, consider saving with CPF instead! Here’s one way to do so πŸ‘‰ cpf.gov.sg/TopUpEarlyTG
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