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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Adulting can make you feel like you’re caught between managing your own responsibilities and supporting your loved ones 😫 But, it’s important to remember to take time to plan for your future.

Here are some effective steps for you to be better prepared and feel less stressed in balancing your financial commitments. Click here for tips on how to navigate the challenges of balancing all your responsibilities and avoid common pitfalls πŸ‘‰ cpf.gov.sg/SandwichGenerationTipsTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips!
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As scams evolve, CPF Board is committed to continually strengthen safeguards to better protect your CPF savings.

Starting 25 September 2024, the maximum Daily Withdrawal Limit (DWL) for online CPF withdrawals will be reduced from $200,000 to $50,000.

Stay alert and partner us in the fight against scams. Remember, Government agencies including CPF Board officers will never use automated calls, ask for money or personal and financial details, direct you to download third-party apps, or transfer you to the police by phone.

For more details on the new DWL, visit πŸ‘‰ cpf.gov.sg/DailyLimitTG.

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips!
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In this edition of Guide to CPF LIFE, let’s take a deeper dive to find out how CPF LIFE is able to provide us with lifelong payouts 🏊

By spreading out the risk of outliving your savings, CPF LIFE, a national longevity insurance annuity scheme, ensures that you can rest assured knowing the CPF savings you are building up now will eventually allow you to enjoy a steady stream of monthly payouts, no matter how long you live!

Head to πŸ‘‰ cpf.gov.sg/CPFLIFEMustKnowsTG to learn more key facts about CPF LIFE.

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips!
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#MonthlyReads: Unlock the β€˜secrets’ to smart budgeting for your new home this BTO launch season! πŸ’‘πŸ’°

We’ve gathered important resources to help you nail the budgeting process, regardless of whether you’re looking to buy your first home, upgrade or right-size your home. Check them out below and kickstart your home purchase journey with confidence!

πŸ›  Essential CPF calculators and tools for housing planning
πŸ‘‰ cpf.gov.sg/HousingCalculatorsTG

🏦 3 differences between HDB and Bank Loans πŸ‘‰ cpf.gov.sg/HousingLoansTG

πŸ“Š Top tips for managing your home budget effectively πŸ‘‰ cpf.gov.sg/HomeBudgetTipsTG

🏠 Discover four essential tips for using your CPF for home purchases and manage your Ordinary Account usage here πŸ‘‰ cpf.gov.sg/CPFHomePurchaseTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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It's time to get savvy about healthcare financing! ⏰

Check how much you’ve claimed under your MediShield Life with this step-by-step guide.

BonusπŸ’‘: Use the MediSave and MediShield Life claims calculator to easily estimate how much you can withdraw from your MediSave and claim from MediShield Life for your medical treatments. Try it today πŸ‘‰ cpf.gov.sg/ClaimsCalculatorTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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Do you know the differences between an investment plan and an annuity plan?
Anonymous Poll
54%
Yes! 😁
46%
I’m not sure 🀨
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If you’re unclear about what makes CPF LIFE a longevity insurance annuity plan instead of an investment plan, we’re here to dispel your doubts!

Discover how CPF LIFE can help you secure your retirement here πŸ‘‰ cpf.gov.sg/LifelongMonthlyPayoutsTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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The ideal CPF LIFE plan is one that best fits your personal life goals and circumstances. ✌️ Take this #CPFFlashQuiz and see how well you know your options!

P.S.: Did you know that tapping on the πŸ’‘can help you better understand the questions? You can also check out the article below to learn more.
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Which CPF LIFE plan offers protection against inflation?
Anonymous Quiz
80%
Escalating Plan
9%
Basic Plan
11%
Standard Plan
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For each additional year you defer the start of your CPF LIFE payouts, your payouts will increase by _____.
Anonymous Quiz
38%
3%
20%
6%
42%
7%
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With 3 CPF LIFE plans to choose from, you can rest assured knowing you’ll find the perfect recipe 🍳 for your ideal retirement.

Before choosing an option, consider the income needed for your desired retirement lifestyle and plan to manage inflation. Try our handy tool, CPF planner, to help you figure it out!

To learn more about the 3 CPF LIFE plans and see how the writer planned for his future using the CPF planner, head here πŸ‘‰ cpf.gov.sg/CPFLIFEPlansTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips!
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This National Day of Encouragement, empower your future and that of your loved ones with a CPF top-up! 🌈

Make a powerful impact on your CPF savings and enjoy up to $16,000 in tax relief.

Learn more here πŸ‘‰ cpf.gov.sg/CPFTopUpTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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⚠️ Beware of scam callers impersonating CPF Board

If you receive a call claiming to be from the CPF Board saying that your CPF accounts / Singpass will become inaccessible within a specific timeframe, or asking to use your MediSave for a medical bill, do not share any information and hang up immediately.

🚨These calls are not from CPF Board

Please make a police report via 1800-255-0000 or www.police.gov.sg/iwitness and inform CPF Board.

CPF Board will never:
β€’ Call you using automated voice systems
β€’ Ask you to transfer money over the phone
β€’ Ask you to provide your banking, Singpass, CPF-related credentials as well as OTPs over the phone
β€’ Ask you to download 3rd party mobile apps over the phone
β€’ Direct/Transfer you to the police over the phone

Stay alert and download the ScamShield app for better protection against scams. For details, visit cpf.gov.sg/AntiScamTipsTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips!
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CPF Board pinned a photo
πŸ“’ Wondering how you can build up savings for your housing and retirement needs as a Platform Worker (PW)? πŸ€”

These new measures for CPF contributions for PW can help support you. There will also be Government support to help lower-income PWs πŸŽ‰

Find out more about the new CPF benefits πŸ‘‰ cpf.gov.sg/PlatformWorkersTG

Learn more about the support you can receive πŸ‘‰ cpf.gov.sg/PWTransitionSupportTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram
@CPFBoard for all the important tips!
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