In this seminar in collaboration with Institute for Financial Literacy, learn how CPF prepares you for retirement. How much do you want your payout to be? Will you outlive your savings? This module will answer these questions. You will gain a better understanding of how CPF works, what happens at age 55 and the various CPF Life plans available at age 65. You will also learn about CPF nomination.
• Overview of Ordinary, Special, Medisave and Retirement Accounts
• The changes to your CPF Accounts when you are 55 years old
• The Retirement Sums that can be set aside at 55
• CPF topping up schemes to boost retirement savings
• Types of CPF LIFE plans and their payouts
• CPF Nomination
