Personal Finance
10 ways Budget 2024 could affect you: CPF changes & more CDC vouchers
By Beansprout  •  February 16, 2024
Discover how Singapore Budget 2024 could impact your finances: Changes to CPF system and more CDC vouchers among 10 key announcements you need to know. What happened? Deputy Prime Minister and Finance Minister Lawrence Wong has shared that Singapore’s 2024 Budget will focus on ‘Building our Shared Future Together’. Some of the key measures that were announced as part of Budget 2024 include support measures for households worth S$1.9 billion, Majulah Package for seniors and young seniors, as well as changes to the CPF system. Let us take a look at some of the key announcements made today as part of his Budget 2024 speech and evaluate how they could potentially impact you. 10 ways Singapore Budget 2024 could affect you #1 – More CDC vouchers Who’s affected: All Singaporean households Singaporean households will receive an additional S$600 in CDC vouchers. The first S$300 will come in June this year, while the other S$300 will be disbursed in January 2025....
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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