2nd Nov marks an important date for many of us. There are changes in the CPF act that will potentially affect us. Please view the original article here. I will help to interpret these changes to those that are affected and how these changes will affect them. That is the lifeblood of Wealthdojo and I aim to share one Financial Tip a day from my Telegram Channel. For Retirement Sum Scheme (RSS) Members If you born before 1958 or have less than $60,000 in your Retirement Account (RA) at age 65, you are probably be in this category. RSS was the main payout scheme prior to the CPF Life. For the RSS, it will allow you to receive a monthly payout until your retirement saving is depleted. If you continue to work and contribute to your Ordinary Account (OA) and Special Account (SA), the money will...