SINGAPORE – If you are earning a decent salary and your New Year resolution is to save more for retirement, here’s the good news – you can achieve this without much effort, thanks to new key upgrades to the Central Provident Fund (CPF) scheme.
From 2026, the income ceiling that determines the size of your monthly contribution to your CPF accounts has finally hit its intended target of $8,000, after three gradual increases from $6,000, which was the original limit when the move was first announced in 2023.
InvestCPFRetirementProperty investmentsFinancial literacy