MediSave contributions

Workfare Support Singapore: Up to $2,800 for Self-Employed

February 13, 2025 ReByte Talk CPF, Finance

Workfare Support Singapore stands as a crucial initiative aimed at enhancing the financial stability of self-employed individuals in Singapore.Through the Workfare Income Supplement (WIS) scheme, eligible self-employed persons can benefit from up to $2,800 annually, which significantly bolsters their income while also contributing to their MediSave savings.

Singapore Workfare Income Supplement: Key Details for 2025

February 3, 2025 ReByte Talk CPF, Finance

The Singapore Workfare Income Supplement (WIS) is a vital initiative designed to bolster the financial well-being of self-employed individuals (SEPs) and lower-income workers.Launched in 2007, this program aims to provide essential support for those earning below a specific threshold, enhancing their economic stability.