tag:blogger.com,1999:blog-7944902213075756335.post4126693752443964119..comments2024-03-28T10:39:01.047+08:00Comments on A Singaporean Stocks Investor (ASSI): AK is showing off his CPF numbers graphically (Updated for 2017).AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-7944902213075756335.post-23569785437197894092017-08-22T12:01:43.805+08:002017-08-22T12:01:43.805+08:00Updated for 2017.Updated for 2017.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-89686861894509162492017-08-22T11:40:27.918+08:002017-08-22T11:40:27.918+08:00Reader:
Hi AK, Thank you for sharing and explainin...Reader:<br />Hi AK, Thank you for sharing and explaining how to make good use of our cpf together with the government support to help in our retirement fund and to save on tax. win - win. I used to not have a good image on the cpf/SRS cos maybe its the media or friends around me always say negative things on it. But its good to know that you went through it and showed us it actually can be done!AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-68269419005574643872016-02-21T18:45:16.571+08:002016-02-21T18:45:16.571+08:00Hi Seb,
Good question. I guess interest earned is...Hi Seb,<br /><br />Good question. I guess interest earned is included. Also, there could be some excess voluntary contributions in the year to be refunded in the following year. Just guessing...AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-90214603027382293172016-02-21T14:49:28.764+08:002016-02-21T14:49:28.764+08:00Hi
Mr J account has 54k contribution.isint there ...Hi<br />Mr J account has 54k contribution.isint there a limit of 31k contribution?Sebhttps://www.blogger.com/profile/04925572570039849828noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-80612379926464569382016-02-19T10:41:54.090+08:002016-02-19T10:41:54.090+08:00Hi EW,
You are a good husband and your wife is ve...Hi EW,<br /><br />You are a good husband and your wife is very lucky. :)<br /><br />I know many people ask me the same thing: "Save so much money for what?"<br /><br />YOLO...<br /><br />I always reply: <br /><br />"If you are rich and already have a lot of money, then, no problem. If you are not rich and you ask that question, you need help."AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-52483851049210543452016-02-19T10:39:13.972+08:002016-02-19T10:39:13.972+08:00Hi kehyi,
Thanks for the update. :)Hi kehyi,<br /><br />Thanks for the update. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-26649951022746553642016-02-18T22:45:11.690+08:002016-02-18T22:45:11.690+08:00My wife is not working ever since we were married ...My wife is not working ever since we were married 12 years ago. I have been topping up her SA for the last few years after maxing my own SA. I get tax reduction, 4-5% interest rate, why not... I top up using cash + transfer my monthly OA contribution to her SA account to clock higher interest rate ;-)<br /><br />My wife is the type of person who cannot "see" money in her bank account, EWhttps://www.blogger.com/profile/12429682257951755082noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-63340246943796321092016-02-18T15:10:44.653+08:002016-02-18T15:10:44.653+08:00Current CPF Annual Limit is:
$6000 x 17 mths x 37...Current CPF Annual Limit is:<br /><br />$6000 x 17 mths x 37% = $37,740kehyihttps://www.blogger.com/profile/02607977079516738257noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-56585910915491087712016-02-17T10:54:34.821+08:002016-02-17T10:54:34.821+08:00Hi coconut,
He reminds me of a cousin who is also...Hi coconut,<br /><br />He reminds me of a cousin who is also a musician. He has a very easy attitude towards money. Makes $2,000, spends $2,000. Very little savings but he is happy with his life.<br /><br />I cannot live life like this.<br /><br />I guess we are all different and, in a way, I envy him.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-58492307228335832372016-02-17T10:38:25.583+08:002016-02-17T10:38:25.583+08:00thanks AK, will try and fund his CPF after finding...thanks AK, will try and fund his CPF after finding more facts from CPF board. yes sir i worry about him cos he cannot save money and sometime i have to give him allowance even he is now working.<br /><br />putting in CPF at least he can't touch it for now haha...coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-87843780704642887052016-02-17T10:17:08.916+08:002016-02-17T10:17:08.916+08:00Hi coconut,
You are a good father. Of course, you...Hi coconut,<br /><br />You are a good father. Of course, you could deposit money in your son's CPF account. :)<br /><br />The annual limit for 2015 was $31,450. I am not sure what is it for 2016. Should be a bit higher.<br /><br />Fill out a Voluntary Contribution form and send it to CPF with a cheque and you are done. <br /><br />The contribution will be split between the OA, SA and MA. AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-31657178459168650262016-02-16T14:04:26.825+08:002016-02-16T14:04:26.825+08:00wah piank AK, your CPF....
got a question AK, my ...wah piank AK, your CPF....<br /><br />got a question AK, my son is a musician so he has no CPF contribution. i thought of contribute for him so that his CPF can be like yours in due course, no, i think can have 20% is good enough.<br /><br />question is can i do that, and whats the limit amount? can use it to buy house later?<br /><br />thank you eh.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.com