- Siew Mun16 June 2016 at 07:25:00 GMT+8
- My mother who is 77 years old has $100 in her RA. I plan to top up her RA to $60k and get about ~5% compounded interest. I have her nominate her CPF to me. What do you think? Will the future of me thank me?
When we live long enough we may have chance to read or witness rare happening but it did happen!
We have our parents nominated us as beneficiary and thinking we are the beneficiary till their death and our money topping up to our parents' RA has compounded richer and will be making a full round trip back to our own pocket. Sibei shiok!
Chun bo?
May be some of us may not be older enough to read those rare happening but did happen when high profile cases were reported in newspaper. There could have been many other smaller CPF ...
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