CPF Board
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Get bite-sized financial tips and know your CPF better at the CPF Boardโ€™s official Telegram channel! ๐Ÿ‘‹๐Ÿป

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โžก๏ธ cpf.gov.sg/Telegram

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#DidYouKnow that only 17% of Singaporeans think that they have a clear purpose in life?
Having a life purpose can motivate us โ€” but the concept of โ€˜purposeโ€™ itself may seem vague and far reaching. However, it doesnโ€™t have to be!

Read on for two concepts that can help you find yours ๐Ÿ‘‰ cpf.gov.sg/GoodLifeTG
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#DidYouKnow that your Retirement Sum will determine the amount of CPF LIFE payout you will get? ๐Ÿ’ฐ

๐Ÿช Chew on this article to have a crispier understanding of the CPF retirement sum and how it supports your retirement ๐Ÿ‘‰ cpf.gov.sg/RetirementSumsTG

Stay informed, secure your future: subscribe to @CPFBoardโ€™s Telegram channel now for essential CPF and financial insights at your fingertips.
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Join fellow CPF members who benefitted from CPF in 2022 and unlock the power of compound interest by making small, regular top-ups to your Special/Retirement Account ๐Ÿ’ฐ

#DidYouKnow that a monthly top-up of $50 can grow to more than $12,000* in 15 years? ๐Ÿ“ˆ

Top up your CPF today here ๐Ÿ‘‰ cpf.gov.sg/TopUpCPFTG

*Computed using the interest rate floor of 4% per annum on your Special/Retirement Account.

Stay informed, secure your future: subscribe to @CPFBoardโ€™s Telegram channel now for essential CPF and financial insights at your fingertips.
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#DidYouKnow that it is now more pawssible ๐Ÿพ than ever for you to reach your retirement goals earlier? ๐Ÿ˜ฑ

From 1 September 2023, if your monthly salary exceeds $6,000, you will receive more CPF contributions from you and your employer.

โ„น๏ธ The CPF monthly ceiling will progressively increase to $8,000 from 2023 to 2026.

Read about it ๐Ÿ‘‰ cpf.gov.sg/ContributionChangesTG

Stay informed, secure your future: subscribe to @CPFBoardโ€™s Telegram channel now for essential CPF and financial insights at your fingertips.
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#DidYouKnow, if youโ€™re looking to purchase a resale flat, your flat purchase starts with the HDB Flat Eligibility (HFE) letter! ๐Ÿ ๐Ÿ“„

Check out ๐Ÿ‘† how the HFE letter gives you a clearer view of your housing and financing options before embarking on your home purchasing journey!

Click here for the full guide ๐Ÿ‘‰ cpf.gov.sg/HFELetterGuideTG

๐Ÿ“ข Plan and apply for your HFE letter in advance, as it takes about 1 month or even longer during peak periods to be processed.

Seeking bite-sized CPF tips and financial hacks? Join our Telegram @CPFBoard! Challenge yourself with quizzes for added fun & learning.
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With CPF LIFE, you can start to receive your monthly payouts from age 65 onwards to ensure you have a retirement income no matter how long you live. ๐Ÿ’ฐ

But #DidYouKnow: If you donโ€™t have immediate uses for your CPF monthly payouts, you can choose to delay the start for up to 5 years โ€“ till 70 years old. Doing so will allow your CPF LIFE payouts to increase by up to 7% for each year deferred! ๐Ÿ˜ฎ ๐Ÿ“ˆ

Read more about CPF LIFE here ๐Ÿ‘‰ cpf.gov.sg/CPFLIFEPayoutsTG

React ๐Ÿ˜ if you intend to defer your payouts to 70 years old!

Seeking bite-sized CPF tips and financial hacks? Join our Telegram @CPFBoard! Challenge yourself with quizzes for added fun & learning.
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