Interest rate for CPF Special, Medisave and Retirement accounts dips to 4% in Q1 2025
6 Articles
6 Articles
CPF Special, MediSave and Retirement interest rate dips to 4%
The interest rate on the Central Provident Fund (CPF) Special, MediSave and Retirement Accounts (SMRA) will dip to 4 per cent from January to March 2025, from 4.14 per cent this current quarter. Savings in the SMRA will earn the floor rate of 4 per cent per annum in the... Read more at www.tnp.sg
CPF Special, MediSave, and Retirement accounts’ interest rate drops to 4% in Q1 2025
SINGAPORE: The interest rate for Central Provident Fund (CPF) Special, MediSave, and Retirement accounts will decrease to 4 per cent per annum for the first quarter of 2025. This marks the first reduction after two consecutive quarterly increases, down from 4.14 per cent in the previous quarter. The decline in the interest rate is attributed to a decrease in the 12-month average yield of 10-year Singapore Government Securities, as explained by t…
CPF Special, MediSave and Retirement Accounts’ interest rate falls to 4% for Q1 2025
THE interest rate for the Central Provident Fund’s (CPF) Special, MediSave and Retirement Accounts (SMRA) will fall to the floor rate of 4 per cent per annum from Jan 1 to Mar 31, 2025, from the current quarter’s 4.14 per cent per annum.
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