Thank you JiaBao for your insights! You da best! 👍

Thank you very much Jiabao !

Great content Jiabao

Thank you Jiabao.

For your interest and that of viewers, especially CPF members who are considering whether to adopt CPF LIFE SP, BP or EP sometime from age 65 till 70 years,

do note that CPF Board allows for only one-in-a-lifetime switch between plans even AFTER the free-look (your  "grace period" of 30 days) is over; not just within the grace period.

Your rightward or upward movement from B - S - E is correct.

For greater clarity, after the free-look period is over:
(a) BP switch to either SP or EP;
(b) SP can only switch to EP but not BP;
(c) EP cannot switch at all.

Don't believe?

Visit any CPF branch or write in to CPF Board and hear/read for yourself.

Hope you can talk something on RSS. And how to maximise it

The upgrading "rule" is not permanent, they are concessions.

"Currently, the Board is granting concessions to allow plan changes beyond the 30-day grace period for the following members... " - CPF website

Nice sharing. But why you wear like lab technician?

6:30 can hit if have one month AWS plus one month performance bonus and monthly salary above 8k

I think there is no auto pledge. We need to apply to pledge it.

How can I check how much I can top up to reach 37740? And when to top up

After 55, can the top up to OA will stay in OA or will it be transfer to RA if the FRS is not met?

doink doink

Is $37,740 contribution enabled tax relief?

Something on RSS please .😆

After 55, if I top up my already ERS met RA, can I get tax relief?

Pls do not introduce your own terms and confuse your audience. There is no auto pledge in the CPFB rules. U want to introduce new terms, pls explain the implications. People who dunno or understand go to other forums to spread misinformation, tell others they can just withdraw n transfer to OA the BRS equivalent.

I do have a question. For someone with less than $100,000 to invest, How would you recommend we enter the market. I'm looking to study some traders and copy their strategy rather than investing myself and losing money emotionally. What's your take on this approach???

I do have a question..

CPF at Age 65 — We Have 3 Choices 🇸🇬

When WE reach 65, any eligible additional amount in your RA can be:

1️⃣ Withdraw it → More cash in hand now 💰
2️⃣ Use it for CPF LIFE → Higher monthly payout for life 💵
3️⃣ Do nothing → The eligible amount moves to your OA, where it remains available for withdrawal.!
Question is : If can redraw or back to OA , why must lockup so much to RA at 55 ?
Please advise on this topic..
Alot of pp not sure about this ? 😅😮😢

Thanks 👍..
😅😅😅😅