Category Archives for CPF
CPF Minimum Sum to Go Up
The current CPF minimum sum of $99,600 will go up to $106,000 from 1st July this year. This is the amount of CPF monies that you have to set aside before you can withdraw the rest. Upon reaching 55, the minimum sum will be moved to your retirement account, and you will start getting a […]
Leong Sze Hian on CPF Changes and implications for Financial Planning
CPF Changes : Implications for Financial Planning – This was the title of the keynote presentation that was to be delivered by Mr Leong Sze Hian, President of the Society of Financial Service Professionals. With CPF being close to everyone’s mind, it was not surprising that this seminar at the Smart Expo was fully packed. […]
Upcoming CPF Changes
From 1st April 2008, there will be some changes to the Central Provident Fund (CPF) scheme where investments are concerned. Basically, the first $20k in both your OA and SA will be unavailable for investments. This does not affect existing investments so you will not need to liquidate any investments if you have less than […]