Yes, checked the additional conditions for the topping up other accounts, if spouse is working and has an income over 5k per year. So practically it means that only applicable to stay home spouse. And with 2 kids and parents tax deductions, wife already maxed out to 80k tax deductions. ...
Some parents are even topping up their child’s CPF to the FRS maximum because the rates are so good. However despite the very attractive rates, children have the longest investment horizon, so they are almost certainly going to see better returns 20 years later in an index fund, and then...