PDA

View Full Version : Age 55 years old, Congrats you get a 11% pay cut.


Arcachon
04-11-21, 09:42
When you reach 55 years old congrats you get a pay cut from your employer only 11%. If you are waiting to upgrade do keep this in mind.

https://scontent.fsin4-1.fna.fbcdn.net/v/t1.6435-9/250953967_10222463992081512_3981624826074802321_n.jpg?_nc_cat=106&ccb=1-5&_nc_sid=730e14&_nc_ohc=g2KMufqG7PUAX94iR1E&tn=II3kf1OWJjxxiYp_&_nc_ht=scontent.fsin4-1.fna&oh=61c93e67c677d45805e32974076bcbd0&oe=61A8F843
Arcachon
04-11-21, 10:08
When you reach 55 years old congrats you get a pay cut from your employer only 11%. If you are waiting to upgrade do keep this in mind.

https://scontent.fsin4-1.fna.fbcdn.net/v/t1.6435-9/250953967_10222463992081512_3981624826074802321_n.jpg?_nc_cat=106&ccb=1-5&_nc_sid=730e14&_nc_ohc=g2KMufqG7PUAX94iR1E&tn=II3kf1OWJjxxiYp_&_nc_ht=scontent.fsin4-1.fna&oh=61c93e67c677d45805e32974076bcbd0&oe=61A8F843

To be more actual.

11% out from your CPF
4% employer cut
7% into your take home is taxable.
11% reduce from CPF with more tax.