How to Top Up CPF and Why You Should Do It | TheFinLens
Central Provident Fund (CPF) with its status as a compulsory and comprehensive saving plan has become an integral part of Singaporeans’ life, especially in terms of financial management.
CPF offers services including maintaining payments for education, housing, investment, as well as preparing for retirement. To ensure the residents can enjoy their golden age in comfort, the board of CPF has created Retirement Sum Topping-Up (RSTU) Scheme that enables the CPF members to boost their retirement savings and also their loved ones’.
As we know, at the age of 65, CPF members can start receiving monthly payout from the Retirement Accounts which can be created at the age of 55. By topping up CPF account, the recipients can get higher monthly payout and also have more flexible payout duration.
Two years ago, CPF top-ups started to become a trend among Singaporeans because of the benefits. However, many may still not be aware of the advantages gained from the top up scheme.
Read More:
http://thefinlens.com/how-to-top-up-cpf-and-why-you-should-do-it/
Contact Us:
http://thefinlens.com/our-outstanding-service/stay-in-touch/
CPF offers services including maintaining payments for education, housing, investment, as well as preparing for retirement. To ensure the residents can enjoy their golden age in comfort, the board of CPF has created Retirement Sum Topping-Up (RSTU) Scheme that enables the CPF members to boost their retirement savings and also their loved ones’.
As we know, at the age of 65, CPF members can start receiving monthly payout from the Retirement Accounts which can be created at the age of 55. By topping up CPF account, the recipients can get higher monthly payout and also have more flexible payout duration.
Two years ago, CPF top-ups started to become a trend among Singaporeans because of the benefits. However, many may still not be aware of the advantages gained from the top up scheme.
Read More:
http://thefinlens.com/how-to-top-up-cpf-and-why-you-should-do-it/
Contact Us:
http://thefinlens.com/our-outstanding-service/stay-in-touch/
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