When I applied for my HDB BTO flat, I was so “happy like bird” that I didn’t really do my sums — and most importantly, I didn’t even know that there was such a thing as a Central Provident Fund (CPF) ...

The closure of CPF Special Account (SA) for members aged 55 and above marks a significant in retirement planning. Here’s a recap on how this change, announced in Budget 2024, impacts your savings and ...

SINGAPORE – The Special Account for people aged 55 and above will be closed from the second half of January 2025, one of a slew of changes in the Central Provident Fund (CPF) system in the new year.

SINGAPORE: The Special Accounts of about 1.4 million Central Provident Fund (CPF) members aged 55 and above were closed on Sunday (Jan 19). The planned closure was first announced in Budget 2024, as ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for ...

SINGAPORE: Voluntary Central Provident Fund (CPF) top-ups crossed a record S$6.7 billion (US$5.2 billion) in the first seven months of 2025, after members topped up accounts due to changes in the ...

Singapore’s Central Provident Fund (CPF) system is a great way to accumulate more savings for your retirement. However, the CPF Ordinary Account (OA) pays an interest rate of just 2.5% on your ...

The Central Provident Fund (CPF) is a great scheme designed to help you build and grow your savings over the long term. However, the CPF Ordinary Account (OA) only pays a near risk-free rate of 2.5% ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...