Maroon5 5th Gear May 30, 2012 Share May 30, 2012 then why you let it at 2.5%? Transfer to special account lah. u cant transfer back u know, so b very careful on this... anyw w all these million dollar ppty, where got balance to transfer there haha... ↡ Advertisement Link to post Share on other sites More sharing options...
Mightymito 1st Gear May 30, 2012 Share May 30, 2012 u cant transfer back u know, so b very careful on this... anyw w all these million dollar ppty, where got balance to transfer there haha... Then you dun haf the 2.5% lah . How to complain you only have the 4% and 5% Link to post Share on other sites More sharing options...
Maroon5 5th Gear May 30, 2012 Share May 30, 2012 Then you dun haf the 2.5% lah . How to complain you only have the 4% and 5% this part is what meaning ah? Link to post Share on other sites More sharing options...
Ilovemoney Neutral Newbie May 30, 2012 Share May 30, 2012 I really pity the new generation have to work till 67 to take out half of their mimimum sum and OA max out by million dollar hdb Link to post Share on other sites More sharing options...
Mamamia Clutched May 30, 2012 Share May 30, 2012 The cost of medical treatment is also going up quite quickly. And most of us do not notice unless we have paid some kind of big hospitalisation bill in recent years. A friend's wife went for 2 surgeries last year. I think total bill was more than 100k. No joke. What happened to the $8 surgeries available? Link to post Share on other sites More sharing options...
Hephaestus Clutched May 30, 2012 Share May 30, 2012 I really pity the new generation have to work till 67 to take out half of their mimimum sum and OA max out by million dollar hdb I am sure majority of singaporeans are happy Link to post Share on other sites More sharing options...
Ilovemoney Neutral Newbie May 30, 2012 Share May 30, 2012 I am sure majority of singaporeans are happy are you sure? I read a certain article saying that singaporean millionaires are the least happy in the world Link to post Share on other sites More sharing options...
Hephaestus Clutched May 30, 2012 Share May 30, 2012 are you sure? I read a certain article saying that singaporean millionaires are the least happy in the world with the exception of Hougang, Aljunied... confirm everyone else is happy Link to post Share on other sites More sharing options...
Tigerwoods Turbocharged May 30, 2012 Share May 30, 2012 To put things in perspective , the minimum sum is also the max voluntary sum for the special account. The max for medisave is not much more than the min. I am at current max for both. I will top up both to the limit. Risk free 4% and 5%. Better than private retirement investment. Can 1 time withdrawal some more ! I want to be PR !!!! Link to post Share on other sites More sharing options...
Doosan 1st Gear May 30, 2012 Share May 30, 2012 Everytime i see my cpf statement, i feel very rich. Lim (peh jouh kah) swee (swee luah uuh) seh [laugh] Link to post Share on other sites More sharing options...
Evillusion Supersonic May 30, 2012 Share May 30, 2012 15 years to go. Anyway once at max limit, the monthly medisave component goes to the ordinary account. So ordinary account is 29%, which can be used for housing. The point is gahmen also limits how much you can put in, not just how little, cause CPF is not that bad. I beg to differ. Once ur medisave amount is reached, all the contribution thereafter will be automatically be chanelled to ur special account and it will really snowballed very fast and it will remain there. Not a cent will go to ur ordinary account where it will be very useful for the long run. I have reached the MA ceiling for a few yrs oredy and my SA is snowballing so fast but my OA seems stagnant. Not sure if there is a ceiling for our SA though! Link to post Share on other sites More sharing options...
Edwardthy 1st Gear May 30, 2012 Share May 30, 2012 see bei sian. Can i opt out of CPF? I would like to collect my full 100% gross salary. Link to post Share on other sites More sharing options...
RadX Moderator May 30, 2012 Share May 30, 2012 see bei sian. Can i opt out of CPF? I would like to collect my full 100% gross salary. tmr you go ICA, tear your ic, er shred, and renounce...i video u...then u can collect indon got 14000 islands, go choose n stay on one of them Link to post Share on other sites More sharing options...
Ngck 3rd Gear May 30, 2012 Share May 30, 2012 15 years to go. Anyway once at max limit, the monthly medisave component goes to the ordinary account. So ordinary account is 29%, which can be used for housing. The point is gahmen also limits how much you can put in, not just how little, cause CPF is not that bad. i think it goes to your SA.. not OA Link to post Share on other sites More sharing options...
Lethalstrike Turbocharged May 30, 2012 Share May 30, 2012 The cost of medical treatment is also going up quite quickly. And most of us do not notice unless we have paid some kind of big hospitalisation bill in recent years. A friend's wife went for 2 surgeries last year. I think total bill was more than 100k. No joke. You're right about this. And it is precisely the reason why life insurance and an additional rider plan for taking care of hospitalisation bills is so important nowadays. Link to post Share on other sites More sharing options...
Nhyone 4th Gear May 30, 2012 Share May 30, 2012 Anyway once at max limit, the monthly medisave component goes to the ordinary account. So ordinary account is 29%, which can be used for housing. That was the case, right? The excess will be transferred to the Special a/c since a few years back, no? No more minor loophole. Link to post Share on other sites More sharing options...
Aimnfire 4th Gear May 30, 2012 Share May 30, 2012 You're right about this. And it is precisely the reason why life insurance and an additional rider plan for taking care of hospitalisation bills is so important nowadays. question why cant the rider be paid by medisave? wont that lessen the worries of most citizen? Link to post Share on other sites More sharing options...
Tigershark1976 Turbocharged May 30, 2012 Share May 30, 2012 To put things in perspective , the minimum sum is also the max voluntary sum for the special account. The max for medisave is not much more than the min. I am at current max for both. I will top up both to the limit. Risk free 4% and 5%. Better than private retirement investment. ermm... how do you define "risk free"?? ↡ Advertisement Link to post Share on other sites More sharing options...
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