💰CPF Contribution Calculator
About the CPF Contribution Calculator
The CPF Contribution Calculator is a user-friendly tool designed to help Singaporeans understand their monthly CPF contributions. The Central Provident Fund (CPF) is a vital savings plan for retirement, healthcare, and housing in Singapore. Contributions are made by both employees and employers based on monthly salaries and age brackets.How It Works:
- Enter Your Monthly Salary
- Provide your gross monthly salary in Singapore Dollars (SGD).
- Select Your Age Group
- CPF contribution rates differ depending on your age. Choose the age group that applies to you.
- Instant Calculation
- The calculator computes your employee's share, employer's share, and the total CPF contribution using the latest CPF rates.
Why Use This Calculator?
- Planning Your Finances: Understand how much of your salary goes to CPF and how much is credited by your employer.
- Transparency: Gain insights into the breakdown of your CPF contributions.
- Ease of Use: No need for manual calculations or searching for CPF tables.