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Which of the following statements is false? The CPF Investment Scheme is a scheme under the CPF Asset Enhancement Scheme. All CPF savings withdrawals at

Which of the following statements is false?

The CPF Investment Scheme is a scheme under the CPF Asset Enhancement Scheme.

All CPF savings withdrawals at retirement at tax-exempt.

CPF savings withdrawals greater than the statutory Basic Retirement Sum at retirement will be taxed at the individual tax bracket.

CPF contributions are tax deductible up to the CPF annual limit.

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