Reader:
Would you leave your money in CPF-OA (beyond 55)? I can understand CPF-SA @ 4%. Wouldnt it be better to move into CPF Life for better returns? Noted that leaving it in CPF-OA will provide more flexibility. Thanks.



AK:
We have the option of moving more funds into the CPF-RA up to the prevailing ERS (1.5x the prevailing FRS) at age 55. Is it better? 

If what you want is a higher payout from CPF Life, yes. 

However, do note that you will be required to move funds from your CPF-SA first and not from your CPF-OA. Only when the CPF-SA has insufficient funds, then, the CPF-OA is tapped…