Helping your parents plan for their retirement? While it’s never too soon to save up for one’s golden years, it’s easy to find yourself cash-strapped with many other immediate payments to make. Thankfully, the government is helping by rolling out a new plan – the CPF Matched Retirement Savings Scheme – that will run from this year to 2025. This plan allows the government to match contributions dollar-for-dollar made to your parents CPF Retirement Accounts.
Still not sure how it works? Check out our guide on how you and your parents can benefit from the scheme below: