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asiaone.com
Budget 2023: CPF contributions for seniors to continue rising, but payout for retirees also increased
SINGAPORE - The Central Provident Fund (CPF) monthly salary ceiling will be raised in stages to $8,000 by 2026 so that it keeps pace with rising salaries and helps middle-income Singaporeans save more for their retirement. The CPF monthly salary ceiling caps the quantum of ordinary wages that would attract CPF contributions, and is currently ...
Feb 14, 2023
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Looking for a way to grow your CPF savings faster, so that you can meet your retirement goals? Check out the CPF Planner to learn how much more you can save by making cash top-ups: http://www.cpf.gov.sg/BeReadyCPFPlanner3 (Go to Tools > Grow your savings faster) Tip: By making cash top-ups to your Special Account (SA), you can also enjoy dollar-for-dollar tax relief, up to $7,000 per calendar year. #CPFBoard #Retirement #CPFPlanner | CPF Board
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