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Thursday, March 6, 2008

Growth Policy

Dear Mr Tan,
Should I invest in the NTUC growth policy using my CPF special account?

REPLY
CPF special account pays interest of 4% plus 1% bonus. It does not have any risk. The Growth policy gives a return of 3% to 4% (not guaranteed) and has to be invested for 10 years or more. It is better to keep your money in the CPF special account.

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