Category FAQs. Baby Bonus. Baby Bonus Parent. Baby Bonus Scheme - Eligibility criteria. Collecting fees from CDA. Enhanced Baby Bonus Benefits - Eligibility.
Families for Life Parenting. Joining the Baby Bonus Scheme. Online services for parent. Update of identification number. Children bring joy to the family. To support couples in their decision to have more children, the Baby Bonus Scheme helps to lighten the financial costs of raising children. The Scheme is part of the Marriage and Parenthood Package and was recently enhanced in February to provide couples with greater support and assurance.
You can submit the online form for your child to join the Scheme as early as 2 months before their estimated delivery date. Please click here for the form. Singaporean parents do not need to make a trip to the bank to open a CDA. The CDA is a special savings account. Step children, non-citizen children and children given up for adoption are not counted in the birth order. Twins and triplets and other multiple births are counted as separate births. For e.
The deceased child is still counted in the birth order when there are subsequent children born to the couple. Yes, adopted children are eligible if they meet the eligibility conditions. Click here to access BBO. No, there is no such requirement. It is up to you to make savings based on your needs. Do note, however, that interest earned is not considered as a contribution and will not be matched.
Savings above the specified Government contribution cap i. These include:. The full list of Approved Institutions can be found here: go. Please note that the funds cannot be withdrawn in cash. For more information on the PSEA, please refer to: www. For more information on the Baby Bonus Scheme, please visit: go. All Singapore Citizen children who are the second child, and whose date of birth or Estimated Date of Delivery EDD is on or after 1 January , will be eligible to receive the higher maximum amount of dollar-for-dollar matching, from 1 April Parents will need to enrol into the Baby Bonus Scheme, open a CDA for their child, and contribute savings into it in order to receive the dollar-for-dollar matching by Government.
The Government co-matching will be deposited within two weeks excluding public holidays after parents make a deposit into the CDA. Parents can enrol into the Baby Bonus Scheme online via babybonus. Yes, as long as the adopted child is a Singapore Citizen child whose date of birth or Estimated Date of Delivery EDD is on or after 1 January , and is in the second birth order. The birth order is pegged to the number of Singapore Citizen children born to or adopted by the mother.
Step-children, non-citizen children, and children given up for adoption are not counted in the birth order.
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