Top up your CPF to grow your retirement nest egg

Members can also enjoy tax relief under the scheme

CPF members added $2 billion to their accounts under this scheme last year compared with $934 million in 2015. PHOTO: ST FILE
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Financial practitioner Ashvin Kumaresadas has been topping up his Central Provident Fund (CPF) Special Account every month to force himself to save for retirement.

He started three years ago by putting in $100 a month and has since increased it to $400.

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A version of this article appeared in the print edition of The Sunday Times on December 22, 2019, with the headline Top up your CPF to grow your retirement nest egg. Subscribe