Budget 2024 announced significant changes for the CPF program to streamline the program and remove loopholes within the system. The CPF Special Account (CPF-SA) is a liquid store of value that provides a riskless 4.08% return with the latest changes, it will close for all members above the age of 55. CPF members would now have to struggle with choosing whether to commit funds to the CPF Ordinary Account (CPF-OA), which would provide a greatly diminished 2.5% return or the CPF Retirement Account (CPF-RA), which preserves the 4.08% returns but can only allow a 20% withdrawal at age 65. Find out more in the video on what should you do now moving forward. Otherwise, you can read more here: https://www.drwealth.com/a-best-effor...

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