What does it mean exactly?
https://www.dbs.com.sg/personal/articles/nav/retirement/how-the-cpf-changes-impact-you#:~:text=Apart%20from%20the%20CPF%20monthly,that%20would%20attract%20CPF%20contributions.
Let's assume i get a $102k paycheck in jan and paid $37 plus k to cpf in Feb. Does it mean my salary from Feb to Dec will not be eligible for CPF?
hmm interesting. i guess so?
but i know and read that if say your medisave is full at dunno what 75k, means the rest will flow into your dunno OA or SA
Quote from: default on Jun 14, 2024, 04:45 PMhmm interesting. i guess so?
but i know and read that if say your medisave is full at dunno what 75k, means the rest will flow into your dunno OA or SA
Wonder if anyone really earn $20k or more here can give insights
Quote from: Philipkee on Jun 14, 2024, 04:29 PMhttps://www.dbs.com.sg/personal/articles/nav/retirement/how-the-cpf-changes-impact-you#:~:text=Apart%20from%20the%20CPF%20monthly,that%20would%20attract%20CPF%20contributions.
Let's assume i get a $102k paycheck in jan and paid $37 plus k to cpf in Feb. Does it mean my salary from Feb to Dec will not be eligible for CPF?
Yes zhenghoo said so here u go
Quote //
annual salary ceiling, which limits the total amount of Ordinary Wages and Additional Wages that attract CPF contributions, will remain at $102,000 at this juncture. It will be reviewed periodically
// unquote
https://www.cpf.gov.sg/employer/faq/employer-obligations/what-payments-attract-cpf-contributions/what-are-the-changes-to-the-cpf-salary-ceilings-from-1-sep-2023
Quote from: Philipkee on Jun 14, 2024, 05:03 PMWonder if anyone really earn $20k or more here can give insights
lkk only earn 2 -20 a day na