Finances

Articles

Did You Know?

The Baby Bonus comprises a cash gift (payable in five installments over 18 months into an account specified by parents) and co-savings component, where the government will match dollar-for-dollar the amount of savings parents contribute to the child’s Child Development Account (CDA) up to a specified ceiling based on child order.

Click here to find out more.
 

Tip:

The CDA savings may be used to pay for fees at Baby Bonus Approved Institutions (AIs), click here for a list of AIs.

 

 

Information above is correct as of January 2018.

Other relevant articles

Have something to ask?

Come talk to us!

+65 6385 9668