Sunday, October 23, 2011

Top up CPF savings

Here are 3 reasons to top up CPF savings and some tips on choosing between the retirement account and CPF Life. To enjoy the tax savings, the top up has to be done before the end of the year.


http://tankinlian.com/admin/file.aspx?id=584&PK=6a9035fe4e91102f8aebde1ae83d78a1
at

2 comments:

  1. AnonymousOctober 23, 2011 9:53 PM

    Mr,tan, very troublesome to enter e mail to access the info as one has to go many though many steps. Is there a reason why u can not allow direct access?

    ReplyDelete
  2. AnonymousOctober 24, 2011 4:23 PM

    Mr. Tan,

    Would like to point out that if you wish to make a cash top-up for yourself, the limit on how much you can top-up is the difference between the prevailing Minimum Sum and his net balances in his Ordinary and Special Accounts, including CPF withdrawn for
    investments, and Retirement Account (if any).

    So if your OA exceeds the minimum sum, you can't top up.

    ReplyDelete