Gold Club Asia Forums

Go Back   Gold Club Asia Forums > Gold Club Asia > Kopi Corner

Reply
 
Thread Tools Display Modes
  #21  
Old 17-05-2014, 07:02 PM
MasterID's Avatar
MasterID MasterID is offline
Senior Member
 
Join Date: Dec 2011
Location: Singapore
Posts: 2,516
Default

Anlok mentioned in another thread that his customers are mainly 40-60 yrs old, these people really can't take back their CPF.

I thought he would say majority of his customers are 85-105.
Reply With Quote
  #22  
Old 17-05-2014, 07:19 PM
GoldenMao's Avatar
GoldenMao GoldenMao is offline
Senior Member
 
Join Date: Oct 2013
Posts: 115
Default

I suggest considering those retirement plans offered by insurance companies. At least they have guaranteed and non guaranteed payouts with a proper Benefits Illustration payout table as black and white.

And nope, they won't amend the required amount of premium payment in the future once your policy is confirmed.
__________________
Please PM me your selling prices for Singapore Sterling Silver coin sets that you have.
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote
  #23  
Old 17-05-2014, 08:51 PM
MasterID's Avatar
MasterID MasterID is offline
Senior Member
 
Join Date: Dec 2011
Location: Singapore
Posts: 2,516
Default

Quote:
Originally Posted by GoldenMao View Post
I suggest considering those retirement plans offered by insurance companies. At least they have guaranteed and non guaranteed payouts with a proper Benefits Illustration payout table as black and white.

And nope, they won't amend the required amount of premium payment in the future once your policy is confirmed.
I prefer to have my CPF back.
Reply With Quote
  #24  
Old 17-05-2014, 09:06 PM
Slowdown's Avatar
Slowdown Slowdown is offline
Senior Member
 
Join Date: Jul 2013
Posts: 281
Default

Don't pay CPF and you don't have to take it back. Be self employed. With companies these days preferring contract staffs over perm, this scenario is not far stretched.

Quote:
Originally Posted by MasterID View Post
I prefer to have my CPF back.
__________________
Looking for Singapore Mint 1oz gold Goat 2003.
Reply With Quote
  #25  
Old 17-05-2014, 09:24 PM
Benny Benny is offline
Senior Member
 
Join Date: Jul 2012
Location: Heartland
Posts: 273
Default Self Employed

Still contribute to medisave
__________________
Buy, or Cry
Reply With Quote
  #26  
Old 17-05-2014, 09:57 PM
Slowdown's Avatar
Slowdown Slowdown is offline
Senior Member
 
Join Date: Jul 2013
Posts: 281
Default

You are comparing silver (medishield) with gold (ordinary and special acct). I rather give them silver as long as they don't touch my gold. I don't pay medisave.

Quote:
Originally Posted by Benny View Post
Still contribute to medisave
__________________
Looking for Singapore Mint 1oz gold Goat 2003.

Last edited by Slowdown; 17-05-2014 at 10:00 PM.
Reply With Quote
  #27  
Old 18-05-2014, 07:37 AM
MasterID's Avatar
MasterID MasterID is offline
Senior Member
 
Join Date: Dec 2011
Location: Singapore
Posts: 2,516
Default

Hmmm, I guess you also don't pay tax.... hahaha
Reply With Quote
  #28  
Old 18-05-2014, 12:37 PM
Slowdown's Avatar
Slowdown Slowdown is offline
Senior Member
 
Join Date: Jul 2013
Posts: 281
Default

Unfortunarely you cannot run away from taxes.

Quote:
Originally Posted by MasterID View Post
Hmmm, I guess you also don't pay tax.... hahaha
__________________
Looking for Singapore Mint 1oz gold Goat 2003.
Reply With Quote
  #29  
Old 18-05-2014, 12:48 PM
Ruubgaal Ruubgaal is offline
Junior Member
 
Join Date: Apr 2014
Posts: 17
Default

Quote:
Originally Posted by daniel.yrh View Post
sorry for your loss... so after he passed away his CPF balance is transferred to his next-of-kin I guess?
Well they granted him a 1 off saying since time not long they let him draw all the remaining balance which actually not that much in cpf terms since he low wage and cannot meet minimum sum so in the end is balance close to 0
Reply With Quote
  #30  
Old 18-05-2014, 01:28 PM
anlok's Avatar
anlok anlok is offline
Senior Member
 
Join Date: Jul 2010
Location: An Lok Funeral Services 安乐殡葬服务
Posts: 3,802
Default

Quote:
Originally Posted by MasterID View Post
Anlok mentioned in another thread that his customers are mainly 40-60 yrs old, these people really can't take back their CPF.

I thought he would say majority of his customers are 85-105.
That's why when people said that life expectancy is long nowadays, I tell them wait till you see those sleeping in caskets are having black hair (natural & not dyed black)!

Quote:
Originally Posted by Slowdown View Post
You are comparing silver (medishield) with gold (ordinary and special acct). I rather give them silver as long as they don't touch my gold. I don't pay medisave.
Don't pay medisave an renew business license?
__________________
One Stop Funeral Arrangements -
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Available


24Hr Hotline 9477-7774
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT +8. The time now is 02:59 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2022, vBulletin Solutions, Inc.