CPF Interest Rates UP! Boost Your Savings Now! | 🦖 #TheInvestingIguana EP53

🚀 Dive into the world of CPF interest rates with "The Investing Iguana"! In this video, we're shedding light on the recent increase in CPF interest rates, especially for the Special Account (SA) and the MediSave Account (MA). Whether you're looking to boost your retirement savings or manage healthcare costs, this video is packed with insights on how these changes can positively impact your financial future.

📈 Discover how the new interest rates can enhance your CPF savings without any extra effort. Learn about the various CPF accounts—Ordinary Account (OA), SA, and MA—and their current base interest rates. We also delve into the factors driving these rate hikes, particularly the role of 10-year Singapore Government Securities (10YSGS).

💡 Join Iggy as he shares practical strategies to maximize your benefits from this increase. From topping up your SA or MA to exploring investment options, we've got you covered. And remember, the CPF interest rates offer a risk-free, government-guaranteed way to grow your wealth with competitive returns.

🔥 Whether you're an investor, traveler, or just someone wanting to optimize their CPF savings, this video is for you. Don't forget to like, share, and subscribe to "The Investing Iguana" for more financial analysis, economic strategies, and investment decisions.

🔔 Make sure to SUBSCRIBE and turn on notifications, so you never miss any of our videos. Leave your questions and comments below, and we'll be glad to address them. Happy investing!

"Investing is a long-term game. Be patient, disciplined, and informed." - The Investing Iguana

CHAPTERS:
00:00 - Introduction and channel welcome
00:32 - Importance of CPF interest rates
01:07 - Explanation of CPF accounts and their purposes
02:20 - Current base interest rates for OA, SA, and MA
03:50 - Additional interest on combined CPF balances
05:12 - Extra interest for CPF LIFE participants
06:26 - Reasons for the increase in CPF interest rates
07:45 - The role of 10-year Singapore Government Securities
09:08 - Ways to benefit from the increase in CPF interest rates
09:45 - Recap and conclusion

[Hs]

Our Government are Experts at STEALING… Just bcz it is Guaranteed does not mean it Safe after We pass … These fellas know how to shortchange Our Beneficiaries/ Nominees . I should know a little about such matters bcz am 2nd Generation Victim 😅