(Online Learning via SCI ONLINE Global Classroom.)
GST Rate Change
Please be advised Goods and Services (GST) rate revisions in Singapore from 8% to 9% will take effect from 1 January 2024.
All invoices issued in 2025 will be subject to the prevailing GST of 9%.
Course Outline
1. Overview of CPF System
1.1
3 Basic Needs in Retirement
1.2
CPF Accounts & Interest Rates
1.3
Retirement Sums
2. Ways to Grow CPF Savings
2.1
Retirement Sum Topping Up Scheme (RSTU)
2.2
Matched Retirement Savings Scheme (MRSS)
2.3
Voluntary Housing Refund (VHR)
2.4
Medisave Top-ups
2.5
Top-ups to 3 Accounts
2.6
Applicable Tax Reliefs
2.7
CPF Investment Scheme (CPFIS)
3. CPF Withdrawals
3.1
Creation of Retirement Account at Age 55
3.2
Withdrawals at Age 55 and 65
4. CPF LIFE
4.1
CPF LIFE Plans & Payouts
4.2
Members Not on CPF LIFE
4.3
Housing Monetisation for Lifelong Retirement Income (Silver Housing Bonus & Lease Buyback Scheme)
5. CPF Nomination
5.1
Nomination Process
5.2
What's Covered Under CPF Nomination
5.3
Review of Nomination
6. Assessment (10 Questions)
A Certificate of Completion will be sent to your registered e-mail address within 5 working days, upon successful completion of the course. Candidate must also answer at least 75% of the questions correctly.
Online learning programmes are NOT ELIGIBLE for refund and cancellation once payment has been made.
Learning Outcomes
This module gives you an overview of the CPF system and how CPF provides the foundation for retirement. Through this module, you will be able to:
Estimate how much one can withdraw for immediate needs at age 55 and 65
Explain how CPF LIFE provides monthly payouts for life
Identify ways to grow CPF savings
Explain why one should make a CPF Nomination
Duration:
3 hours
Date(s):
Access provided for 1 month from confirmation of payment receipt.
Time:
N.A
Venue:
SCI Online Global Classroom
CPD Hours:
3 CPD hours
Closing Date:
Registration will close once all available places have been filled.
