The recent CPF Special Account closure has significant implications for approximately 1.4 million CPF members aged 55 and above.As of January 19, 2025, these members no longer maintain a Special Account, as the CPF Board has streamlined their account structure to include an Ordinary Account (OA) and a Retirement Account (RA).
CPF savings
Singapore CPF Contribution Guide: Rates and Benefits in 2025
Singapore CPF Contribution plays a vital role in the financial landscape of the nation, acting as a cornerstone of Singapore’s social security system.This structured system not only facilitates savings for retirement but also aids in covering essential needs such as housing and healthcare.