The Chinese has a saying “You come to this world with nothing, and you shall leave this world with nothing.” Death is an inevitable phase of life which everyone would have to go through. While your CPF savings certainly belong to yours, the ownership would cease upon death. This is a fundamental universal truth. However, being a responsible wealth builder, I believe in forward planning. In this article, I will share my thoughts on the biggest myths about CPF nomination.

Recently, I have made my CPF nomination. The process was incredibly simple and easy. It is also free of charge. I was very impressed by CPF Board’s efficiency and service standard. Within three days, I got a follow-up …