CPF retirement planning is a vital aspect of securing financial stability for Singaporeans as they approach their golden years.The Central Provident Fund (CPF) system not only provides a solid framework for retirement savings but also adapts to the evolving needs of retirees, especially with the CPF updates for 2024.
Finance
Moomoo Data Security: Addressing User Privacy Concerns
Moomoo data security is at the forefront of discussions, especially as users express rising concerns about the handling of their personal information.Recently, Moomoo, a trading app owned by Futu Holdings, has made headlines due to changes in its privacy policy that permit overseas data sharing with third parties, including those in China.
2025 Crypto Policy: Divergence Between EU and US Regulations
As we look ahead to the evolving landscape of the 2025 crypto policy, it becomes clear that significant divergences are emerging between the European Union and the United States regarding digital asset regulation.In Europe, the implementation of the MiCAR regulation marks a pivotal step in establishing a robust framework for cryptocurrency legislation aimed at ensuring financial stability and consumer protection.
Singapore Employment Fraud: Eleven Arrested for Deceptions
Singapore employment fraud has emerged as a pressing issue, particularly highlighted by the recent arrest of eleven individuals accused of supplying the Ministry of Manpower (MOM) with false employment information.These suspects, including directors of several construction companies, allegedly manipulated hiring quotas for foreign workers by inflating the number of local employees through deceitful Central Provident Fund (CPF) contributions.
Crypto Index Funds: Simplifying Your Investment Strategy
Crypto index funds are an innovative solution for investors looking to navigate the complex landscape of cryptocurrency investment.With the plethora of digital assets available today, managing a crypto portfolio can be a daunting task, especially for beginners.
Singapore January $1,080 Payment: Overview and Eligibility
In January 2025, Singapore will distribute its much-anticipated quarterly payment of up to $1,080 under the Silver Support Scheme, reinforcing the nation’s dedication to senior citizens support.This initiative is designed to provide financial assistance for seniors who may be facing challenges due to limited savings or income, ensuring a dignified retirement.
Workfare Income Supplement Singapore: Benefits for Workers
The Workfare Income Supplement Singapore (WIS) program is a crucial initiative aimed at supporting lower-income individuals, particularly in the growing gig economy.As Singapore gears up for the WIS eligibility 2024, platform workers will benefit from significant enhancements that address their unique challenges, such as inconsistent income and lack of job security.
Crypto Fear and Greed Index at 75 Points: Market Insights
The Crypto Fear and Greed Index is currently holding steady at 75 points, indicating a strong sentiment of greed in the cryptocurrency market.This heightened level of optimism is drawing the attention of many investors, especially in light of Bitcoin’s price reaching an impressive $104,700.
Digital Assets Executive Order: What You Need to Know
This week, President Trump signed a pivotal digital assets executive order that aims to reshape the landscape of the US digital assets market.The order establishes a working group tasked with drafting regulatory and legislative proposals to support innovation in the cryptocurrency sector.
Medisave Payment February 2025: What to Expect
The Medisave Payment in February 2025 is set to provide significant financial support to many Singaporeans.Beginning on February 11, eligible individuals will receive an automatic top-up of S$150 credited directly into their CPF Medisave accounts as part of the Assurance Package Medisave initiative.