From January 2016, you can choose from three levels of retirement sum to set aside in your Retirement Account – Basic, Full or Enhanced Retirement Sum Basic Retirement Sum (BRS) Full Retirement Sum (FRS) is 2 x BRS Enhanced Retirement Sum (ERS) is 3 x BRS ...
Remember to top up your CPF accounts today to take full advantage of: 1. tax savings for the medisave account (current limit $60,000). 2. tax savings for the special account and retirement account (current limit $181,000) - RA for those over 55 of…