Snap Insight: Budget 2024 CPF measures will improve Singaporeans’ retirement adequacy
REMOVAL OF CPF SPECIAL ACCOUNTS CLOSES A LOOPHOLE Bundled in the Budget 2024 announcements relating to CPF was the closure of the Special Account once members are 55 years of age and their CPF Retirement Account has been set up. When implemented next year, this would resolve a long-standing anomaly whereby a CPF member aged … Read more