Insights
CPF Information for Expats in Singapore
Learn all about CPF, Singapore’s comprehensive social security system that aids employees with retirement savings, family protection, and basic healthcare, in this informative article. If you are an expat eligible for CPF contributions, read on to find out about eligibility conditions, CPF contribution rates, and account types. CPF contributions are divided into four types: Ordinary Account (OA), Special Account (SA), MediSave Account (MA), and Retirement Account (RA). You can also expect to earn about 5% to 6% interest per annum on your CPF funds, which can be invested further using the CPF Investment Scheme. Read on to find out more about CPF’s benefits and how you can make the most of this system.
Investing Can Be scary
Investing seems like a big deal, might even be scary for some but there are many options when it comes to investment – the most important thing is defining your risk appetite.