Understanding CPF Insurance Schemes
I am speaking at a seminar next month regarding the various CPF insurance schemes available for CPF members.
Are you confused by the various CPF insurance schemes that you invariably enrolled in if you contribute to CPF? Do you know what options you have for these schemes? How does one utilise his/her CPF to obtain better coverage?
The talk would be useful in helping attendees understand various CPF insurance schemes such as DPS, Medishield, as well as Eldershield which is pertinent for people above 40, or individuals with parents above 40 who are financially dependent on them.
There is currently an early-bird discount until 1st May 2013.
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Topping Up CPF (and my TV Appearance)
Singaporeans should be quite familiar with our Central Provident Fund (CPF) accounts.
The Ordinary Account (OA) is mainly meant for housing and investment. The Special Account (SA) is primarily for old age and retirement-related investments. The Medisave Account (MA) is reserved for payment of medical bills and approved insurance schemes. At age 55, the savings in OA and SA form the Retirement Account (RA), which as the name suggests, is to provide for retirement.
在新加坡如何防备医药费
I realised there is a dearth of personal finance articles for the Chinese-educated and hence I am writing a Mandarin article, hopefully brushing up my language at the same time. People with Chinese-educated parents can consider letting them read this:
新加坡的医药发达，但医药费往往昂贵，难以负担。在这里居住的人民，无论是公民还是从外国来公干的人士，应为自己的财务利益着想，谨慎防备医药费。
就业的新加坡公民每月缴交公积金 (CPF)，分为三个户口：普通户口 (Ordinary Account)、特别户口 (Special Account)、保健储蓄户口 (Medisave)。
保健储蓄户口有两大作用：其一，用来交付医疗费。其二，用来交付某些保险保单的保费。这两作用都受于中央公积金局 (CPF Board) 的限制 － 大概是政府担心国人太快把保健储蓄用完。
Financial Planning for Retirement
There will be a talk on retirement planning for those in their thirties to fifties this coming Saturday (4th August 2012).
In this highly sought-after interactive seminar, Wilfred Ling will speak on the topic of retirement planning. Topics include the strengths and limitations of CPF, SRS, how to invest for retirement, case studies on the advantages and disadvantages of common retirement products in the market,etc. The speaker is a practicing practitioner and therefore the talk will focus mainly on practical aspects.