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| Both sides previous revision Previous revision Next revision | Previous revision | ||
| sgwiki:cpf [2023/03/14 06:31] – ying | sgwiki:cpf [2023/03/14 06:42] (current) – ying | ||
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| * as low-risk investment, as CPF give you interest | * as low-risk investment, as CPF give you interest | ||
| + | **Final conclusion on contribution part** | ||
| + | * if you are under 55, | ||
| + | * every year, you will have to contribute to CPF upto 37,740sgd (based on current CPF rate) | ||
| + | * if you are beyond 55, and reached total cpf saving of 186000 SGD (current rate for 2023) | ||
| + | * you can stop contribute your part to CPF, while your employers still have to contribute their share | ||
| + | **Final conclusion on withdraw part** | ||
| + | * if you are beyond 55, | ||
| + | * you can finally withdraw the Excess Amount above < Full Retirement Sum (FRS) 186000 SGD (current rate for 2023) > | ||
| + | * but you can't withdraw RA saving | ||
| + | * if you are beyond 65, | ||
| + | * you can start withdraw RA saving. | ||