Children up to age of six to get S$400 top-up in their Child Development Accounts

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The top-ups starting in mid-September can be used to pay for a child’s education and health care at approved institutions.

The top-ups starting in mid-September can be used to pay for a child’s education and health care at approved institutions

The money will be directly credited to the child’s CDA from mid-September, according to a joint statement by the Ministry of Finance and the Ministry of Social and Family Development. This CDA top-up is part of the measures linked to the Assurance Package unveiled in Budget 2023 to support families. The CDA funds can be used to pay for a child’s education and health care at approved institutions such as registered childcare centres, kindergartens, special education schools, providers of early intervention programmes, providers of assistive technology devices, hospitals, clinics, pharmacies, and optical shops.

Source: Education Headlines (educationheadlines.net)

 

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