Money has been pouring into CPF accounts via top-ups in 2022 as members searched for a better return on their cash although attractive interest rates on non-CPF financial products may be eating away at that strategy.
The CPF Board said in October that CPF voluntary top-ups reached $3.5 billion for the first three quarters of 2022, $84 million higher than the amount received for the same period in 2021.
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