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  2. Central Provident Fund - Wikipedia

    en.wikipedia.org/wiki/Central_Provident_Fund

    The Central Provident Fund Board (CPFB), commonly known as the CPF Board or simply the Central Provident Fund (CPF), is a compulsory comprehensive savings and pension plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare, education and housing needs in Singapore.

  3. The Unexpected Way Retirees Are Cutting Their Housing Costs - AOL

    www.aol.com/finance/unexpected-way-retirees...

    The increased cost of living is particularly challenging for seniors on a fixed budget or relying on retirement funds. High inflation costs have driven up food, gas, utility, and medical expenses ...

  4. CPF BRS to rise by 3.5% for next 5 cohorts from 2023-2027 - AOL

    www.aol.com/news/cpf-basic-retirement-sum-rise-5...

    The Central Provident Fund (CPF) Basic Retirement Sum (BRS) will rise by 3.5 per cent for the next five cohorts turning 55 from 2023 to 2027, Finance Minister Lawrence Wong said.

  5. 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 ...

  6. Defined contribution plan - Wikipedia

    en.wikipedia.org/wiki/Defined_contribution_plan

    Watered stock. v. t. e. A defined contribution ( DC) plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis. [1] 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 ...

  7. How to reduce your housing costs in retirement - AOL

    www.aol.com/article/2015/06/08/how-to-reduce...

    Enter City/Zip

  8. Individual retirement account - Wikipedia

    en.wikipedia.org/wiki/Individual_retirement_account

    An individual retirement account [1] ( IRA) in the United States is a form of pension [2] provided by many financial institutions that provides tax advantages for retirement savings. It is a trust that holds investment assets purchased with a taxpayer's earned income for the taxpayer's eventual benefit in old age.

  9. Additional CPF Housing Grant - Wikipedia

    en.wikipedia.org/wiki/Additional_CPF_Housing_Grant

    Additional CPF Housing Grant. Additional Housing Grant ( abbrev: AHG) was an additional subsidy over and above the regular market subsidy and Central Provident Fund Housing Grant that new and resale Housing and Development Board flat buyers in Singapore can enjoy. It offsets the purchase price of a new or resale HDB flat in Singapore, thereby ...

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