I just checked my CPF statements and found the interest rates for my Retirement Account is 4% but that of my Medisave is 2%. I have just posted an email to CPF for an explanation. I believe it should also be 4% as well.
Please check your CPF statements.
Bookmark here , anytime can refer.
ReplyDeletehttp://www.tremeritus.com/2012/02/13/cpf-our-seed-money-or-is-it/
lucky the interest rate for my medisave is 4%... What did cpf reply?
ReplyDeleteCPF replied that they have paid half of my interest in Aug. Now I have to go digging to check this out.
ReplyDeleteI know that they only credit the interest at the beginning of the year. How on earth it happened that they credit and pay interest in Aug?
I have an auto withdrawal instruction, but crediting and paying interest before the year is out is new to me.