Quote:
Originally Posted by Unregistered
My total interest for 2016 is $13k.
Looks like many people in singapore have a lot of money kept with the government in CPF |
To a large extent, the amount of
CPF and interest from
CPF is a function of a person's age. The older the person, the bigger the amount accumulated, assuming no withdrawal for property and investment. Of course, it also depends on the salary level of the person. But because of the salary limit for
CPF contributions, currently at 6k, similar aged persons earning more than the salary limit should have about the same
CPF amount.