Kevin Goh

13 Jul 2020

∙

I have enquiries related to my NTUC Income - vivolife 350. I have received bonus statement from them every year. Is this "bonus" that is declared form the non-guaranteed portion illustrated in the BI?

3

Discussion (3)

What are your thoughts?

Learn how to style your text

Hariz Arthur Maloy

13 Jul 2020

Independent Financial Advisor at Promiseland Independent

Hi Kevin, yes it was from the non-guaranteed bonus and is now guaranteed as it has been declared. What you got is called Reversionary Bonus which will then compound in the future as well.

Reply

Save

View 2 replies

Write your thoughts

Related Posts

Why are my insures (both Great Eastern and Aviva) not showing the non guaranteed bonus or seem to declare any of it? They do declare annually bonus of 1%. ?

10k in Elastiq or Singlife? I understand interest rates are dropping, so is 1.8% pa guaranteed (2.03% pa for 3 years taking into account rebates from promotion) better than 2.5% non-guaranteed pa?

May i ask if we have to declare our income received from our robo advisors investments at the end of the year tax declaration?

Owned 20 NTUC INCOME shares and used to receive 3% dividend every May. Didn't see dividend for Y2022 and there will be shares buyback since NTUC Co-op has ceased. Anyone knows what's happening soon?

I already have a "general investing" portfolio with SRI 16% and an "income" portfolio with SRI 12%. Should I also use Stashaway Simple with non-guaranteed returns of 1.9%?

Related Products

FWD Term Life Plus Insurance

4.7

10 Reviews

FWD Term Life Plus Insurance (Renewable Term)

$1,500,000

MAX SUM ASSURED

5 years

PREMIUM TERM

Death, Terminal Illness

COVERAGE

Tiq DIRECT - Etiqa Term Life Insurance

4.0

2 Reviews

Great Eastern GoGreat Term Life Insurance

5.0

1 Reviews

Related Posts

Why are my insures (both Great Eastern and Aviva) not showing the non guaranteed bonus or seem to declare any of it? They do declare annually bonus of 1%. ?

10k in Elastiq or Singlife? I understand interest rates are dropping, so is 1.8% pa guaranteed (2.03% pa for 3 years taking into account rebates from promotion) better than 2.5% non-guaranteed pa?

May i ask if we have to declare our income received from our robo advisors investments at the end of the year tax declaration?

Owned 20 NTUC INCOME shares and used to receive 3% dividend every May. Didn't see dividend for Y2022 and there will be shares buyback since NTUC Co-op has ceased. Anyone knows what's happening soon?

I already have a "general investing" portfolio with SRI 16% and an "income" portfolio with SRI 12%. Should I also use Stashaway Simple with non-guaranteed returns of 1.9%?