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Child Development Account co-savings

Child Development Account (CDA) — First Step Grant and Government Co-matching

Paid by Ministry of Social and Family Development (MSF) · 🇸🇬 Singapore

What this pays

The published value, how it is calculated, and whether it is cash or a credit ceiling.

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Who qualifies

The 4 published rules this programme tests you against — age, income, residency, household and the rest.

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The steps, documents and official link are part of the paid plan. Checking how much you're owed is free and always will be.

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Where this comes from

The CDA First Step Grant of $5,000 for the first and second child, and $10,000 for the third and subsequent child born on or after 18 February 2025 will be automatically deposited when you open the CDA.

https://www.madeforfamilies.gov.sg/support-measures/child-raising/financial-support/baby-bonus-scheme

Last checked 2026-08-12 · a researcher confirmed this against the official page

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