I hope everyone who went to InvestX Congress today had a good time.
To my regular readers who were there, I hope it wasn't too boring listening to me repeating the same old stuff about the CPF.
Anyway, for the benefit of some in the audience who told me that they might have trouble remembering everything I shared today, here are some salient points from my segment:
Beef up your CPF account.
You could do these:
1. Top Up your SA (not beyond FRS)
2. Voluntary contribution to your MA (together with mandatory contributions, not beyond CPF annual limit and, on its own, not beyond BHS)
You will also get income tax relief for doing the above. For #1, only for the first $7,000 each year.
3. OA to SA transfer (not beyond FRS)
4. Voluntary contribution (OA, SA, MA) (together with mandatory contributions, not beyond CPF annual limit)
These will not get any income tax relief ...
...