First things first, you’ll need aCDP accountto be able to trade in the Singapore Securities Market. Next, you’ll need to consider your goal for investing. “Having more money” is not a goal. Having $200,000 before 35 to buy a condo might be a goal, or having an income of...
If you're retiring with a pension you have a unique set of decisions to make, including when to take your benefits, how they'll affect your spouse, and how to plan for taxes. You'll also want to know the difference between a federal or government pension and private pensions and annuiti...
Double down on these actions to increase the amount of savings you have. Additionally, save your money in bank accounts with higher interest rates like Standard Chartered’s Bonus$aver Account. 2. Make your savings work for you Inflation can cause the value of your savings to drop over tim...
Reply to Eugene 2 years ago I think they take your CPF into account… so just need to check your contribution for that 12 months. Reply Not a UOB fan Reply to Anon 2 years ago CPF contribution has a cap of $1,200 per month, so it’s not a useful gauge. Reply Lim 5 ...
The money can be useful for me to deploy in any way I want during my golden years, whether it’s to invest for even higher returns, purchase an annuity plan that can give me passive income, top up my CPF Retirement Account, or to be passed down as part of a legacy for my children...
Modelled on the Central Provident Fund (CPF) in Singapore, China introduced its HPF programme in the early 1990s. It is a compulsory saving scheme providing individuals with an HPF account to which employers and employees contribute equally. The HPF account holder can draw money from the account...
not receive any real prizes. The danger here is that as in many countries, legislation does not allow children to have their own bank accounts. As a result, children might try to use their parents’ credit card information, potentially leading to the loss of money from the family account. ...
not receive any real prizes. The danger here is that as in many countries, legislation does not allow children to have their own bank accounts. As a result, children might try to use their parents’ credit card information, potentially leading to the loss of money from the family account. ...