Find out how to maximize the additional 1% interest in your CPF on the first 60K.
Understand the limits of how the additional interest is calculated to take full advantage of it.
This is most suitable for those early in their working career as SA and MA balances will be low due to lesser allocations into these accounts when you are younger.
If you are topping up cash to your children’s CPF SA account, it will be earning 5% interest per annum for the first 60K in their SA.
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