Personal Finance
Done for 2020 CPF Retirement Sum Topping-up (RSTU). How about you?
By CompoundingDividendxDividend  •  December 16, 2020
This is the first time me and my wife did cash top up into our respective CPF SA account via Retirement Sum Topping Up (RSTU). I topped up $4,000 while my wife topped up $7,000. Reason for topping up: 1) Tax Relief for 2020 2) 4% interest per annum (Power of Compounding) 3) Escalating toward Full Retirement Sum (FRS) In total for myself, I had transferred $72,000 from my CPF OA to SA since 2017 (Link) + $4,000 from Cash to CPF SA. Related post: 1) Free $5 Grab voucher from CPF 2) New milestone - $300,000 portfolio 3) 33 financial tips for my 33rd Birthday 4) What I had learned in term of Life and Financial during Circuit Breaker (CB) period 5) Transferred $20,000 from CPF OA to SA for Oct 2020...
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By CompoundingDividendxDividend
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