Interest income on CPF balances – 2018

Interest income on CPF balances for the year-end of 2018 was already updated.

Interest income on my CPF balances (OA + Medisave + RA) averaged 3.77% per annum for 2018.

Year Interest rates
2013 3.20%
2014 3.19%
2015 3.13%
2016 3.65%
2017 3.68%
2018 3.77%

This is a good return to keep funds in CPF. If one does not withdraw the interest of the year, the compounding effect of interest on interest will enhance our savings.

Copyright © 2019, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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