Let's Talk CPF

Wondering about the latest CPF changes and how they affect your financial future?  In this final episode of Let's Talk CPF, Shaun Loh from CPF Board's Policy department unpacks the significant CPF changes that are taking effect this year. Whether you're a young a professional, a gig worker, or approaching retirement, this episode offers valuable insights to help you better understand these important updates.

In this episode, we are joined by Assistant Professor Ian Ang from the NUS Saw Swee Hock School of Public Health, as we explore the recently announced MediShield Life enhancements following an extensive review.  We discuss the scheme's basics, key changes coming in 2025, including increased claim limits and expanded coverage, and explain premium increases. Find out more about government support measures and the importance of responsible healthcare consumption to ensure the sustainability of Singapore's healthcare system.

Wondering how to start planning your finances to attain a sense of financial calm? Not sure what to consider or if you are on the right track? Join Calvin and Hui Li as they break down the basics of financial planning through simple rules of thumb for savings, insurance, and investment in the Basic Financial Planning Guide.

Curious about how to safeguard your CPF savings against scams? Join us in this episode as Tay Li Lin, Senior Manager at CPF’s Retirement Withdrawals Department, provides insights into CPF Board’s anti-scam measures and the recently lowered Daily Withdrawal Limit for online CPF withdrawals.

What is CPF LIFE? What is an annuity? Do I lose out because my CPF LIFE interest goes into the common pool? How does it work? These are common questions in members’ minds when CPF LIFE is mentioned. Tune in to this episode where we uncover the basics of CPF LIFE, debunk common misconceptions and share tools to help you plan your retirement with Serene Ng, who is part of the team administering the CPF LIFE scheme in CPF Board. Kickstart your retirement planning at cpf.gov.sg/CPFplanner [http://cpf.gov.sg/CPFplanner]