Enhanced Baby Bonus
The Baby Bonus cash gift and matching Government contribution in the Children Development Account (CDA) have been enhanced for Singapore citizen babies born on or after 1 January 2009 (or whose Estimated Date of Delivery is on or after 1 January 2009) to lawfully married parents. An eligible first and second child will receive up to $4,000 in cash gift and enjoy matching Government contributions in the CDA up to a cap of $6,000. The benefits for a third and fourth child remain unchanged with cash gift of up to $6,000 each and matching Government contribution of up to $12,000 each. Children of the fifth and higher order will be eligible for Government matching contributions in the CDA up to a cap of $18,000 each.