Child Development Account

With enhanced benefits rolling out in 2024, now is the perfect time to understand how to maximize your Baby Bonus and make the most of the support available to you.

All Singaporean children of up to six years of age will receive a top-up of $200 to their Child Development Account Singapore from mid-September.

The maternity leave benefits will kick in from early next year

With the baby bonus Child Development Account implemented, the government hopes to ease some monetary expenses when raising a child.

Parents read this article to learn how you can use the Child Development Account wisely to give yourself the flexibility of spending more time with your child in his early years.