Read? Turning 55 Soon? Here's A CPF Special Account Hack You'd Want To Know!
Read? Comments on "My All-Weather Income Streams As Singaporean Retiree"ED23 June 2020 at 13:58:00 GMT+8
Hi CW,
Saw the msg from "mysecretinvestment" mentioned you shared quote" on how to preserve your SA principal and that is to withdraw on or after 5 Dec of each year."
Im curious on this secret as i was checking this with CPF on some investment plans to move the funds out from SA before reaching 55.
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ED 23 June 2020 at 14:00:00 GMT+8
purpose is to keep as much funds in SA so that it is earning 4%pa. Avoid SA funds being lock up in RA till 65.
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Thank to this direct question from ED, Uncle8888 now has to be transparent on this mistaken secret on CPF SA...
