Personal Finance
Could I use the money contributed voluntarily to my CPF?
By A Singaporean Stockmarket Investor (ASSI)  •  September 15, 2015
The General Election has generated much more interest in the CPF: YT: hmmm.....if I already use the cpf for my first hdb. Now, I got cash to top up my OA. Can I use the OA to buy my second property.....say, a condo? AK: Yes, of course, You could use the money in your CPF OA for purchase of a second property. It doesn't matter how the money found its way into the OA. You could do Voluntary Contributions to max out the annual Contribution Cap, you could do it and see the money flowing into your OA, SA and MA. If your MA is maxed, then, the money flows only into your OA and SA. I think this gives those who think they might need their CPF-OA money for purchase of a second property (or for some other purposes) some flexibility while earning higher interest. If they decide not to, then...
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By A Singaporean Stockmarket Investor (ASSI)
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