The purpose of this blog is to raise the awareness of the importance of financial planning in Singapore and to guide individuals on what financial planning is all about.
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Wednesday, February 24, 2010
Top-ups for elderly and families with children
Most of Singaporeans aged 50 and above will receive a one-off top-up to their CPF Medisave accounts. Only those whose annual assessable incomes above $100,000 in the 2009 tax year will not be eligible.
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