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Will the interest rates on savings in the Special, MediSave, and Retirement accounts be maintained at a floor rate?

To help CPF members grow their savings, the Government has decided to further extend the 4% floor rate for interest earned on all Special, MediSave, and Retirement accounts (SMRA) savings for another year until 31 December 2024.

SMRA savings will earn a minimum 4% interest rate per annum until 31 December 2024. 

Please refer to our FAQ on how CPF interest rates are determined for more information.