Anonymous

20 Mar 2021

∙

Anyone doing the CPF SA top-up for your children?

Or is there no need to top-up CPF SA for your children?

5

Discussion (5)

What are your thoughts?

Learn how to style your text

Bellez

20 Mar 2021

Hey! I do a little top ups whenever I can. What is your motivation for topping up their SA?

Reply

Save

Cryotosensei

19 Mar 2021

Blogger at diaperfinancingfund.blogspot.com

Nope. I am saving for his college fees but stop short at topping up his CPF account because I need to make sure that I have enough money for my retirement first. If I can take care of myself, he wouldn’t have to worry about me.

which is why I feel the urgency to inculcate good money habits in him. So that he can save his own money!

https://seedly.sg/opinions/4-ways-i-introduce-m...

Reply

Save

JK

23 Nov 2020

Salaryman at Random Company

Hi Anon,

I understand where you are coming from regarding this. Personally, I think I would like to...

Write your thoughts

Related Articles

Related Posts

For CPF, after age 55, can top-up any amount in SA account to earn the 4% interest rate, eg $50k? And afterwhich can withdraw any amount anytime? Or have to top-up just below age 55?

Should priority be given to clear our HDB housing loan using cash (which can be paid off from the CPF OA over 20 years), or to use this cash for investment or CPF top-ups to the SA ?

Hi, I'm 29M and planning not to retire in Singapore. What should I do if I want to plan for retirement? Should I still top-up my CPF SA?

Should I first (1) top-up my CPF SA, or (2) invest in ETFs, or (3) purchase a retirement income insurance? I am in my 40s and thinking of setting aside $200pm to start retirement planning.?

CPF top up to Special Account - After hitting the SA limit, can I invest using SA such that I do not meet the limit and top up SA with cash for tax relief? After top up, I liquidate back to SA.

Related Posts

For CPF, after age 55, can top-up any amount in SA account to earn the 4% interest rate, eg $50k? And afterwhich can withdraw any amount anytime? Or have to top-up just below age 55?

Should priority be given to clear our HDB housing loan using cash (which can be paid off from the CPF OA over 20 years), or to use this cash for investment or CPF top-ups to the SA ?

Hi, I'm 29M and planning not to retire in Singapore. What should I do if I want to plan for retirement? Should I still top-up my CPF SA?

Should I first (1) top-up my CPF SA, or (2) invest in ETFs, or (3) purchase a retirement income insurance? I am in my 40s and thinking of setting aside $200pm to start retirement planning.?

CPF top up to Special Account - After hitting the SA limit, can I invest using SA such that I do not meet the limit and top up SA with cash for tax relief? After top up, I liquidate back to SA.