CPF – Wee Khai

MediShield Life – Commonly Asked Questions

Based on the 2hr consultation yesterday with 2x Age 70+, 1x Age 65+ and 1x Age ~45, these are my findings: Q#1. Since MediShield Life (MSL) is in place, should I stop my Integrated Shield Plan (IP)? A#1. MSL covers medical expenses incurred under subsidized B2/C Ward in a Restructured Hospital. The question you shouldContinue reading “MediShield Life – Commonly Asked Questions”

MediShield Life – Understanding The Little Green Book

MediShield Life started since 1st Nov 2015. And this evening 7-9pm, I’m happy to be able to do my part, to provide free consultation at Thomson Community Centre, to residents in the Thomson Areas. In fact, most CCs are running this activity on a weekly basis. You could drop by to get some advice inContinue reading “MediShield Life – Understanding The Little Green Book”

How To Benefit From CPF & Voluntary Contribution

I am a firm believer of the CPF system, and am pleased that we are getting 2.5% interest rates on the Ordinary Account (OA) and 4% interest rates on both the Special Account (SA) and Medisave Account (MA). I believe that it is a very good tool which will aid us in our retirement planning.Continue reading “How To Benefit From CPF & Voluntary Contribution”

Singapore Savings Bonds From A More Realistic Point Of View

The recent details on the product released by MAS gave all of us a much better idea on the issuance, application and the limits on the investments one can buy. However, here’s a short summary of the SSB for those who are still wondering what’s going on: Term: Max 10 Years Issuance: Monthly Starting 1stContinue reading “Singapore Savings Bonds From A More Realistic Point Of View”

DPS, MSH or ESH? Find Out Your Coverage In 3 Simple Steps

In my past few years of financial advising, it is quite astonishing that many people I speak to do not know if they are covered by MediShield (MSH), an Integrated Shield Plan (PMI), Dependents’ Protection Scheme (DPS) or ElderShield (ESH). Find out your protection in 3 simple steps! 1. Log in to CPF website 2.Continue reading “DPS, MSH or ESH? Find Out Your Coverage In 3 Simple Steps”