money.financial
money.financial

Benefits and family guides

Explainers for Singapore, with named sources and checked dates where available.

All 13 guides

Explainer1 min
Understand the MediSave balance limit, the age-65 cohort rule and why total CPF contributions are different from MediSave allocations.
Source: CPF Board, Basic Healthcare Sum · Checked
Explainer1 min
Workfare eligibility depends on work income and household conditions, while the published annual maxima are labelled by work year.
Source: CPF Board, Workfare Income Supplement · Checked
Explainer1 min
MediShield Life premiums follow age bands, while coverage depends on treatment, ward class and the scheme's claim limits.
Source: CPF Board, MediShield Life premium table · Checked
Explainer1 min
CareShield Life provides monthly payouts for assessed severe disability, with enrolment and premium rules that depend on age and cohort.
Source: CPF Board, CareShield Life · Checked
Explainer1 min
GST Voucher Cash, MediSave and U-Save have different age, income, property and payment conditions in 2026.
Source: Government Benefits, GST Voucher · Checked
Explainer1 min
Silver Support eligibility depends on lifetime wages and other conditions; household income per person and flat type set the quarterly amount.
Source: CPF Board, Silver Support Scheme · Checked
Explainer3 min
Singapore Baby Bonus cash and CDA benefits transition to the SG Child Support Package from April 2027, with dated payout and co-matching changes.
Source: Made For Families, Baby Bonus Scheme · Checked
Explainer2 min
CHAS card tiers use household income per person or home Annual Value, while medical subsidies have separate visit limits and yearly caps.
Source: CHAS, eligibility · Checked
Explainer2 min
The Merdeka Generation Package provides additional outpatient and MediShield Life subsidies, with dated CareShield Life joining incentives.
Source: MOH, Merdeka Generation Package · Checked
Explainer2 min
The Pioneer Generation Package combines lifelong MediSave top-ups with healthcare subsidies and disability assistance, subject to each benefit's rules.
Source: MOH, Pioneer Generation Package · Checked
Explainer2 min
The Home Caregiving Grant provides monthly cash support for care at home, with payouts based on household means and property ownership.
Source: AIC, Home Caregiving Grant · Checked
Explainer2 min
The Seniors' Mobility and Enabling Fund subsidises up to 90% of assistive device costs for seniors aged 60 or above, subject to means-testing and device assessment.
Source: AIC, Seniors' Mobility and Enabling Fund · Checked
Explainer3 min
The Large Families Scheme provides increased CDA grants, MediSave deposits and LifeSG credits for families with a third or subsequent child born from 18 February 2025.
Source: LifeSG, Large Families Scheme · Checked
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