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Medisave and Retirement accounts (SMRA)
Financially Savvy
CPF top-ups increase 34% in first three quarters of 2020
The number of first-time toppers below 35 years old grew over 70% y-o-y.
October 21, 2020
Financially Savvy
CPF maintains 4% interest rate till Dec 2021
The current 4% floor rate is due to expire on December 31 this year.
September 25, 2020
Minimum 4% interest rate for CPF Special, Medisave and Retirement accounts extended until end 2018
SINGAPORE (Sept 22): In view of the continuing low interest rate environment, the 4% floor rate for interest earned in Special, Medisave and Retirement accounts (SMRA) have been extended for another year until Dec 31 2018.
September 22, 2017
CPF extends 4% rate to Special, Medisave and Retirement accounts for another year
SINGAPORE (Sept 21): The Central Provident Fund (CPF) Board has announced an extension of the 4% floor rate on interest for all Special, Medisave and Retirement accounts (SMRA) for another year to Dec 31 2017 in light of the low interest rate environment.
September 21, 2016