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Best Fixed Deposit Rates in Singapore (March 2024)

What is fixed deposit? Fixed Deposits aka Time Deposits are interest generating bank accounts with a pre-determined maturity. They let you grow your money at a fixed rate over a period of time (referred to as ‘tenure’ or ‘tenor’).  Fixed deposits interest rates tend to follow the current market’s interest rate. Hence, although they have … Read more

CPF Special Account (SA): Everything Singaporeans Ought To Know About in 2024

Singaporeans have one of the most comprehensive social security mechanisms in the world called the Central Provident Fund (CPF). Not only that, Singaporean employees also have the CPF Special Account (SA). If you are one of those who are not familiar with either CPF or the CPF Special Account, then this article is for you.  Content What … Read more

Alternatives to CPF SA Shielding for High Interest and Liquidity

Singapore Budget 2024 introduced significant changes to the CPF regime. In particular, many are mourning the death of CPF SA shielding. Here, we present some alternatives to high interest and liquidity for your consideration.  What is CPF SA Shielding?  CPF SA Shielding was a strategy that maximises interest income in the CPF accounts when a … Read more