The amount is double the top-up in 2022, and is expected to benefit about 240,000 children. Read more at straitstimes.com.
SINGAPORE - Singaporean children up to six years old will get a one-off top-up of $400 to their Child Development Accounts .and is expected to benefit about 240,000 children.
Parents who have not opened a CDA yet must do so by June 30, 2024, for the children to get the top-up, the statement added. Eligible CDA recipients will be notified through SMS, e-mail or a hard-copy letter after the funds have been credited.To guard against scams, SMS notifications sent to eligible CDA recipients will be from the SMS ID “MSF”.
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