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With the current volatile economic climate, the eroding effects of high inflation on our savings is nudging many Singaporeans to make their money work harder. A study revealed that one in three Singaporeans are now looking to invest more this year and nearly 60 per cent of them expressed the need to make new passive incomes in preparation for retirement....
You might be curious if there is any way to maximise the current high interest rates using your CPF money. After all, 2.5 per cent and 4 per cent per annum for your CPF Ordinary Account (OA) and Special Account (SA) respectively were much more attractive back when bank interest rates were low. Now, with fixed deposits from private financial...