Editor’s note: You may view the original link here. What would your parents say?

This Chinese New year, give your parents an Ang Pow that grows bigger every year. Consider making a Voluntary Contribution to build their CPF savings, allowing them to enjoy a secure and worry-free retirement. With high interest rates on their CPF accounts, their money will grow much faster than a typical Ang Pow. Here are 2 ways to make voluntary contributions to your CPF.

1. Contribute to all three CPF Accounts: Ordinary Account (OA), Medisave Account (MA) and Special Account (SA)
2. Contribute only to your Medisave Account

To learn more about making Voluntary Contributions, visit…

For current allocation rates to the 3 CPF accounts, visit…