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Government Schemes

Government Financial Schemes

Comprehensive guide to Singapore's government financial programs

Schemes Covered
10+
Total Benefits
S$100K+

Singapore offers numerous government financial schemes to support citizens across different life stages. From housing grants to retirement savings, tax reliefs to social support - understand what you qualify for and maximize your benefits.

Overview

Singapore's government financial schemes are designed to support citizens at every stage of life. These programs provide assistance for housing, retirement, healthcare, education, and social support.

Housing Schemes

Various grants and schemes to help Singaporeans afford their first home.

Retirement Schemes

CPF LIFE, SRS, and other retirement savings programs to secure your golden years.

Healthcare Schemes

MediSave, MediShield Life, and CareShield Life to protect your health and finances.

Social Support

Workfare, Silver Support, and other assistance programs for eligible Singaporeans.

Tax Reliefs

Personal income tax reliefs and optimization strategies to minimize your tax burden.

Common Assumptions vs Reality

Common Belief

"Government schemes will take care of my retirement"

Planning Reality

Government schemes provide a foundation, not complete retirement security. CPF LIFE provides basic monthly payouts, but many Singaporeans need additional savings to maintain their desired lifestyle. Government schemes are safety nets—your personal savings, investments, and planning determine your retirement quality.

Common Belief

"All schemes are automatically applied"

Planning Reality

Many schemes require active enrollment or application. While Workfare and Silver Support are automatic for eligible recipients, others like CPF top-ups, SRS contributions, and tax reliefs require you to take action. Understanding eligibility criteria and deadlines is crucial—missing a deadline can cost thousands in unclaimed benefits.

How This Fits Your Plan