Basic Retirement News Today

How should the everyday person begin to approach post-Special Account retirement planning? Samuel Rhee, co-founder and chairman of Endowus weighs in.

The Singapore Budget 2024 was announced last week: here's the lowdown on what handouts and rebates you can look forward to.

Singapore News - From workers to seniors, individuals to households, Budget 2024 has something for everyone to cope with cost-of-living pressures. Deputy Prime Minister and Minister for Finance Lawrence Wong on Feb 16 unveiled a suite of support measures for all Singaporeans, including cash... Read more at www.tnp.sg

The Enhanced Retirement Sum will be four times the Basic Retirement Sum.

Amidst a troubled international environment and a subdued global economy, the Deputy Prime Minister and Finance Minister Lawrence Wong announced on Friday (Feb 16) that Budget 2024 is about helping Singaporeans with their cost-of-living concerns. In his two-hour speech, Wong started off saying that the past year has not been easy, and Singapore's economy grew by a modest 1.1 per...

DPM Lawrence Wong unveiled support measures, including cash payouts, CDC vouchers and allowances, for all Singaporeans. Read more at straitstimes.com.

Ever wondered why a chunk of your salary mysteriously disappears every month? That's a question you might be asking yourself if you have no idea what Central Provident Fund (CPF) contributions are. Every Singapore citizen and PR has a CPF account, one of the goals of which is to help you stash money away for retirement. However, the CPF system's...

A Majulah Package to help those aged 50 and above prepare for retirement was announced by Prime Minister Lee Hsien Loong at his 2023 National Day Rally. The three components of the package include an Earn and Save Bonus, he said at the Institute of Technical Education Headquarters today (Aug 20). Eligible Singaporeans will receive up to $1,000 credited to...

During the National Day Rally, PM Lee revealed plans to assist the Majulah Generation, citizens 50 and above, with the new Majulah Package.

Every salaried employee in Singapore makes CPF contributions each month, but the CPF system is understood by few. There are more fun things to do with those precious post-work hours than to spend it on the CPF Board's website trying to decipher government-speak. One of the most confusing aspects of the CPF system is that there are three different types...