Today’s post: Should I transfer my OA money to SA?
This post was proposed by one of our readers, who asked the question: is it wise to transfer my money in OA into SA?
We would like to thank all our readers who posed us questions and sent to us tips.
We would love to see more of that coming in, so do feel free to keep sending us these messages!
You can contact us via email (email@example.com), comment on our blog, or drop us a message via Facebook or Instagram.
There is a scheme in the CPF that allows you to transfer your money in your OA account to your Special Account (SA).
1) Higher Interest – SA gets 4% while OA gets 2.5%.
1) Money transferred from OA to SA cannot be transferred back – its a one-way traffic.
You will only be able to get the money back at age 55, IF you have