What is CDA and How to Pick the Right Bank for Your Child

Our government has introduced several initiatives to help parents to kickstart their parenting journey by lightening the financial load of raising a child in costly Singapore, and one of them is the Baby Bonus Scheme. There are two parts to this scheme, namely, the Cash Gift and the Child Development Account (CDA). In this post, we will focus on CDA, and how to pick the most suitable bank for your child. Continue Reading…