Check CPF account balance Singapore

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Checking CPF Account Balance in Singapore: All You Need to Know

If you are a resident of Singapore, you may be familiar with the Central Provident Fund (CPF), a social security savings plan that helps Singaporeans save for their retirement, healthcare, and housing needs. It is important to regularly check your CPF account balance to ensure that you are on track with your savings goals. In this article, we will guide you on how to check your CPF account balance in Singapore and provide you with all the information you need to know.

How to Check Your CPF Account Balance

Online

The easiest and most convenient way to check your CPF account balance is by logging in to the CPF website. Here’s how you can do it:

  • Visit the CPF website and log in using your SingPass.
  • Click on “My Statement” to view your CPF account balance.

Mobile App

If you prefer to check your CPF account balance on the go, you can download the CPF mobile app from the App Store or Google Play Store. Once you have downloaded the app, you can log in with your SingPass and view your CPF account balance anytime, anywhere.

SMS

Another quick way to check your CPF account balance is by sending an SMS with your NRIC to 7896. You will receive a reply with your CPF account balance within minutes.

FAQs

  1. How often should I check my CPF account balance?
    It is recommended to check your CPF account balance at least once a year to ensure that your savings are on track.
  2. Can I check my CPF account balance if I am a foreigner working in Singapore?
    Yes, foreigners working in Singapore are also eligible to check their CPF account balance. You can do so by logging in to the CPF website using your SingPass.
  3. What happens if I find an error in my CPF account balance?
    If you find any discrepancies in your CPF account balance, you should contact the CPF Board immediately to rectify the error.
  4. Is my CPF account balance guaranteed?
    While the CPF is a government-backed scheme, the returns on your CPF savings are not guaranteed. The interest rates are reviewed periodically and subject to change.
  5. Can I withdraw my CPF savings anytime?
    Withdrawal of CPF savings is subject to specific rules and criteria. You can find more information on the CPF website or contact the CPF Board for assistance.

These are just a few common questions regarding checking your CPF account balance in Singapore. If you have any more doubts, you can refer to the CPF website or speak to a customer service representative for further clarification.

In conclusion, checking your CPF account balance in Singapore is an essential part of financial planning. By staying informed about your CPF savings, you can make better decisions regarding your retirement and other financial goals. Make sure to check your CPF account balance regularly and seek assistance if you have any concerns or questions.

Sources:

  • CPF Singapore – www.cpf.gov.sg