Sunday, October 18, 2009

What is the CPFIS?

 ln-sg-savings

The CPFIS is an investment scheme (IS), it is designed to give CPF members more options to enhance their retirement savings through investments.

Currently, the CPF board guarantees a minimum interest of 2.5% for the Ordinary Account (OA) and 4% for the Special Account (4%).

 

Unless you are a savvy investor i strongly suggest keeping your monies with the CPF board as they are giving out very decent interest.

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