cpf top ups
Changes of CPF rules for top ups Why would people want to put in money into CPF for top ups of relatives when they could simply put the money aside or into their savings account? For the 2.5% or 4% interest? Is that good enough to put give up good money which one has full control and put into a fund that one loses complete control over the money? Once the money is in the CPF, CPF is in full control of the money and any changes to the rulings, if unfavourable, cannot be reversed. Once in, that's it. But it is a great scheme for Singaporeans who cannot manage their own money.