How To Manage CPF Accounts

Understand your CPF accounts and the changes at age 55.

This course will help you understand how you can manage your CPF accounts to meet your retirement needs. CPF stands for Central Provident Fund. The Central Provident Fund (CPF) was introduced in Singapore in 1955. It is a compulsory savings scheme which ensured that workers could support themselves with dignity in retirement.

The following topics will be covered:

• How CPF schemes fit into your retirement plan

• Challenges ahead

• CPF insurance schemes

• Life and Health Insurance Planning

• Your CPF Accounts explained

• Important Figures - Minimum Sum, Medisave Required Amount, Medisave Minimum Sum

• Case Studies

• CPF Investment Schemes (CPFIS)

• Your Child's CPF Education Loan

• Sales of properties bought using CPF after age 55

• Working after and 55 and the corresponding CPF rates

• Draw Down Age

• CPF LIFE Plans

• CPF LIFE Payout Estimator

• CPF LIFE with L-Bonus

*YOU ARE GOING TO GET FROM THIS COURSE*

- Over 13 lectures and 47 mins of content!

- To better understand how to prepare for retirement in Singapore

- To understand Life and Health insurance using CPF schemes

- To understand and manage CPF money for your retirement

*FEATURES*

- Lifetime access to 13 lectures and 2 quizzes

- A community of 200+ students learning together!

- Watch courses on the go: video lectures, audio lectures, presentations, articles and anything inside your course.

- Watch courses in offline: Save courses for offline viewing so you can watch them while you're on a plane or subway!

Instructed By : Institute For Financial Literacy and Peggy Chan

The MoneySENSE-Singapore Polytechnic Institute for Financial Literacy is a collaboration between MoneySENSE, the national financial education programme in Singapore and Singapore Polytechnic.

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