How will Budget 2023 affect your CPF contributions? CPF contribution rates, ceilings, retirement sum and more

Higher CPF monthly salary ceilings, higher CPF contribution rates for senior workers, and higher retirement payouts. If you watched or read about Budget 2023, you might be wondering if all these increases spell good or bad news for you. Understanding how these increases affect you starts with figuring out how CPF works in the first place. We're not going to...

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