CPF for Retirement Income

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

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.


Course Outline
1 Overview of CPF System
1.1 3 Basic Needs in Retirement
1.2 CPF Accounts & Interest Rates
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)

 

 

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.

Course Fee: S$54.50
(Inclusive of prevailing GST rate)

Register Now