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2. Central Provident Fund - Wikipedia

   en.wikipedia.org/wiki/Central_Provident_Fund

   The OA and SA is combined to form the Retirement Account (RA) when one turns 55. The RA is used to meet basic needs during old age. The CPF savings earn a minimum interest of 2.5% for OA and 4% for other accounts. In addition, the first $60,000 in the combined CPF balances, with up to $20,000 from the Ordinary Account, will earn an extra 1% ...

3. Mandatory Provident Fund - Wikipedia

   en.wikipedia.org/wiki/Mandatory_Provident_Fund

   The Mandatory Provident Fund ( Chinese: 強制性公積金 ), often abbreviated as MPF ( 強積金 ), is a compulsory saving scheme ( pension fund) for the retirement of residents in Hong Kong. Most employees and their employers are required to contribute monthly to mandatory provident fund schemes provided by approved private organisations ...

4. Defined contribution plan - Wikipedia

   en.wikipedia.org/wiki/Defined_contribution_plan

   A defined contribution (DC) plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis. Individual accounts are set up for participants and benefits are based on the amounts credited to these accounts (through employee contributions and, if applicable, employer contributions) plus any investment earnings on the money in the account.

5. OCBC Bank's customers can now make direct CPF top-ups - AOL

   www.aol.com/news/ocbc-bank-customers-direct-cpf...

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6. Superannuation in Australia - Wikipedia

   en.wikipedia.org/wiki/Superannuation_in_Australia

   Superannuation in Australia or " super " is a savings system for workplace pensions in retirement. It involves money earned by an employee being placed into an investment fund to be made legally available to fund members upon retirement. Employers make compulsory payments to these funds at a proportion of their employee's wages.

7. Here are 5 easy ways to save an extra $1,000 a month for ...

   www.aol.com/finance/5-easy-ways-save-extra...

   If you save $1,000 at the end of every month and put it in a high-yield savings account that pays 5% interest (compounded daily), you’ll have nearly $70,000 in savings in five years. Do this for ...