One of the key change that will happen in 2016 is the tweaking of the current Minimum Sum (MS) and CPF LIFE scheme. The Basic Retirement Sum (I.e. 1/2 of the MS, which in term will be renamed as the Full Retirement Sum, FRS) will continue to increase at 3% till $90,500 by the YearContinue reading “CPF Minimum Sum Enhancement In A Nutshell”
Tag Archives: Minimum Sum
CPF Minimum Sum: How To Earn $17,376 In 7 Minutes
CPF Minimum Sum: How to earn $17,376 in 7 minutes! (NB: This is not a get-rich-quick scheme.) Read on if… You have excess amount in your CPF Ordinary Account & You don’t intend or don’t know what to do with it! There has been lots of discussion regarding the Minimum Sum Scheme lately. During aContinue reading “CPF Minimum Sum: How To Earn $17,376 In 7 Minutes”
