CPF Board
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Get bite-sized financial tips and know your CPF better at the CPF Board’s official Telegram channel! πŸ‘‹πŸ»

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➑️ cpf.gov.sg/Telegram

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You're eligible to use Flexi-MediSave for outpatient treatment when you're aged 60 and above, but you cannot use it concurrently with MediSave500/700.
Anonymous Quiz
61%
True
39%
False
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Aside from pre-delivery and delivery medical expenses under the MediSave Maternity Package, MediSave may also be used for Assisted Conception Procedures (ACP) such as in-vitro fertilisation (IVF).
Anonymous Quiz
81%
True
19%
False
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For a comprehensive list of uses for your MediSave, check out πŸ‘‰ cpf.gov.sg/MediSaveUsesTG

Stay ahead on your financial journey: subscribe to @CPFBoard’s Telegram for on-the-go CPF updates and financial tips.
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Establish a solid financial foundation with these 4 strategic β€˜S’ to construct a comprehensive retirement plan for your golden years πŸ’ͺ🏻

For more, check out our article here πŸ‘‰ cpf.gov.sg/FuelYourRetirementTG

Stay ahead on your financial journey: subscribe to @CPFBoard’s Telegram for on-the-go CPF updates and financial tips.
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VIEW IN TELEGRAM
Find out what’s under Santa’s hat!

Check out Santa’s gift to help you start 2024 right 🎁

To view his top 5 tips, hit pause to reveal them πŸ˜‰

Here’s wishing you a very Merry Christmas and happy holidays β„οΈπŸŽ„πŸŽ…

Stay ahead on your financial journey: subscribe to @CPFBoard’s Telegram for on-the-go CPF updates and financial tips.
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Finding the right financial fit for your new home can be challenging 😣

Here are some considerations to keep in mind when creating your perfect home financing plan!

πŸ’‘Retain at least $20,000 in your Ordinary Account so that you have the funds to service your housing loan during emergencies.

More tips here πŸ‘‰ cpf.gov.sg/HomeConsiderationsTG

Stay ahead on your financial journey: subscribe to @CPFBoard’s Telegram for on-the-go CPF updates and financial tips.
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Providing lifelong monthly payouts during retirement, CPF LIFE offers the assurance you need against life’s uncertainties.

Find out more about CPF LIFE here πŸ‘‰ cpf.gov.sg/LifeProtectionTG

Stay ahead on your financial journey: subscribe to @CPFBoard’s Telegram for on-the-go CPF updates and financial tips.
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A new year calls for a new calendar πŸ—“

Welcome 2024 with these simple and helpful financial to-dos. Get on track to reaching your goals and picking up good financial habits!

Check out more financial planning tips here πŸ‘‰ cpf.gov.sg/NewYearPlanningTG

Stay ahead on your financial journey: subscribe to @CPFBoard’s Telegram for on-the-go CPF updates and financial tips.
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Un-shore about your health insurance? πŸ•Ά

β˜€οΈ Elevate your healthcare knowledge and explore various health insurance options that cater to your specific coverage needs here πŸ‘‰ cpf.gov.sg/HealthInsuranceTG

πŸ’β€β™€οΈ Ensure you can afford the premiums over an extended period and plan accordingly.

Stay ahead on your financial journey: subscribe to @CPFBoard’s Telegram for on-the-go CPF updates and financial tips.
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Starting 1 January 2024, senior workers aged 55 to 70 years are given a little extra boost ⚑️ for a more secure retirement.

Learn more about the increase in CPF contribution rates here πŸ‘‰ cpf.gov.sg/ContributionRatesTG

Stay ahead on your financial journey: subscribe to @CPFBoard’s Telegram for on-the-go CPF updates and financial tips.
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πŸ“’ From 1 Jan 2024, the CPF monthly salary ceiling has been increased to $6,800, with a gradual rise to $8,000 by 2026.

The path to achieving your retirement goals just got a boost! πŸ™Œ

To figure out your updated CPF contributions, check out the handy Contribution Calculator πŸ‘‰ cpf.gov.sg/ContributionCalculatorTG

Stay ahead on your financial journey: subscribe to @CPFBoard’s Telegram for on-the-go CPF updates and financial tips.
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#CPFFlashQuiz Time! 🧐

Test your understanding on what happens to your CPF savings once you hit the golden age of 55. Dive into the questions below.
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How do you boost your monthly payouts?
Anonymous Quiz
25%
By making a cash top-up
2%
By making a CPF transfer
73%
Both of the above
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For more commonly asked questions on how your CPF savings can help you with your daily expenses when you retire, check out πŸ‘‰ cpf.gov.sg/InfoOnRetirementTG

Stay ahead on your financial journey: subscribe to @CPFBoard’s Telegram for on-the-go CPF updates and financial tips
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Working towards a BTO with your partner? πŸ’πŸ‘

Navigating the housing grants and selecting the right loan options are just a couple of things to think about before turning your dream home into a reality. πŸ’­βœ¨

Read this article for essential financial tips on purchasing your first home πŸ‘‰ cpf.gov.sg/HomeOwnershipTG

Stay ahead on your financial journey: subscribe to @CPFBoard’s Telegram for on-the-go CPF updates and financial tips.
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It’s time to view your Yearly Statement of Account (YSOA)! πŸ“ˆ

Tap the image below to find out more πŸ‘‡
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With the YSOA, you can check out your 2023:

βœ… CPF balance across all your accounts
βœ… Contributions you received from yourself and your employer
βœ… Cash grants you received from Government schemes administered by CPFB

And learn useful financial tips on how you can build up your retirement savings!

Login to mycpf digital services with your Singpass to view your YSOA today πŸ‘‰ cpf.gov.sg/2023StatementofAccountTG

Stay ahead on your financial journey: subscribe to @CPFBoard’s Telegram for on-the-go CPF updates and financial tips.
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In our latest #LetsTalkCPF podcast episode πŸŽ™, Xiao Yan and Cynthia address taboos on pre-planning and the valuable benefits of legacy planning. They also talk about the essentials such as making a Lasting Power of Attorney (LPA), Advance Care Plan (ACP) and Advance Medical Directive (AMD). πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦

Don’t miss out and listen here πŸ‘‰ cpf.gov.sg/LegacyPlanningTG2

Stay ahead on your financial journey: subscribe to @CPF_Board’s Telegram for on-the-go CPF updates and financial tips.
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