Your Central Provident Fund is more than just savings. We help you maximize every dollar across retirement, healthcare, housing, and tax optimization through strategic planning and government scheme utilization.
Understanding CPF
The CPF is Singapore's comprehensive social security system that helps citizens and permanent residents save for retirement, healthcare, and housing. Both employees and employers contribute monthly to build your CPF savings.
Account Structure
Your CPF contributions are allocated into three accounts, each designed for specific life needs
What it's for:
What it's for:
What it's for:
Milestone
Special Account used first
Transferred to form your Retirement Account
Ordinary Account tops up if needed
To meet the Full Retirement Sum
2026 Full Retirement Sum
$220,400
Amount above FRS
Can be withdrawn in cash
Milestone
Monthly payouts for life
Never run out of retirement income
Defer up to age 70 for higher payouts
The longer you wait, the more you receive
Est. Monthly Payout (FRS)
$1,570 to $1,750
3 Plan Options
Standard, Basic, Escalating
Contribution Breakdown
Both you and your employer contribute to your CPF every month. Here's how the allocation changes with age.
| Age Group | Employee | Employer | Total | Ordinary (OA) | Special (SA) | MediSave (MA) |
|---|---|---|---|---|---|---|
| 55 and below | 20% | 17% | 37% | 23% | 6% | 8% |
| Above 55 to 60 | 15% | 15% | 30% | 16.5% | 4.5% | 9% |
| Above 60 to 65 | 10.5% | 11% | 21.5% | 10% | 3.5% | 8% |
| Above 65 to 70 | 7.5% | 9% | 16.5% | 4% | 2.5% | 10% |
| Above 70 | 5% | 7.5% | 12.5% | 1% | 1% | 10.5% |
Note: These rates apply to Singapore Citizens and SPR (3rd year onwards) earning more than $750/month. Self-employed persons contribute to MediSave only.
You earn an extra 1% interest on the first $60,000 of your combined CPF balances (with up to $20,000 from Ordinary Account). This means your effective interest rate on Special Account and MediSave Account can reach up to 5% p.a.!
Members aged 55 and above earn an additional 1% extra interest on the first $30,000 of combined balances (with up to $20,000 from Ordinary Account). This means you can earn up to 6% p.a. on your Retirement Account!
At 55, withdraw funds above FRS or downgrade to BRS (property pledge). Invest in Lifetime Dividends Plan to earn 6 to 8% annual payouts with 100% capital guaranteed for beneficiaries.
Common Misconceptions
"CPF is just government taking my money"
CPF is your money earning 2.5-4% interest risk-free - higher than most savings accounts. You can use it for housing, healthcare, and guaranteed retirement income via CPF LIFE.
"I'll never be able to access my CPF"
You can use CPF OA for housing and education. At 55, you can withdraw savings above the FRS. At 65, CPF LIFE provides guaranteed monthly income for life.
"I should invest my CPF in stocks for better returns"
Studies show most CPF investors underperform the OA/SA interest rates. The 4% SA rate is hard to beat consistently with low risk. Consider keeping core retirement funds in CPF.
Comprehensive Coverage
Click any pillar to discover optimization strategies that maximize your government benefits
CPF surplus withdrawal, 6% to 8% lifetime payout plans, 100% capital legacy.
MediSave, MediShield Life, CareShield Life, and Integrated Shield Plans.
HDB grants, CPF housing usage, Home Protection Scheme, and planning.
Personal tax reliefs, CPF/SRS benefits, and annual planning strategies.
CPFIS strategy, when to invest vs keep in CPF, ETFs, T-bills, and SSB.
Workfare, Silver Support, education schemes, and government assistance.
Strategic Approach
Execute in this sequence for maximum benefit
We will analyze your situation and show you exactly how to optimize across all schemes.