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发表于 14-7-2017 15:49:25|来自:新加坡
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1.
What is CDA First Step?
CDA First Step is an initial balance of $3,000 (which comes from the Government's existing contribution caps) given without parents having to save in the Child Development Account first. It is provided to eligible Singaporean children born (or with estimated delivery date) from 24 March 2016. Parents who continue to save beyond this initial balance will enjoy dollar-for-dollar matching, up to the remaining amount of the Government contribution caps. Parents can save any time before 31 December of the year their child turns 12 years old.
The CDA is a special savings account for children to help build up the savings that can be spent on approved uses. When a CDA is opened, the child will receive CDA benefits, including the CDA First Step and Government dollar-for-dollar matching contributions for each dollar parents save, up to the contribution caps shown below.
Child Order
CDA Benefits
Total CDA Benefits
CDA First Step
Dollar-for-Dollar matching
1st & 2nd Child
$3,000
Up to $3,000
Up to $6,000
3rd & 4th Child
Up to $9,000
Up to $12,000
5th Child and higher
Up to $15,000
Up to $18,000
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