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Thursday, 22 December 2016

CPF : What can I do for you?

CW : I want to confirm my understanding that I can withdraw all interests from CPF SA and OA.

CPF : You can withdraw interests from SA, OA and MA too.

CW: Pls help to check how much interests I can draw out without touching my SA and OA.

CPF: Wah! You have lots of interests to draw out. It is $XX,XXX. Do you want to draw out now?

CW: :-)

CW: No. Not now. I will withdraw next year on January.

CPF: No. You can’t withdraw your interests on January. Your interests credited on January will become your principal. You have no more interests to withdraw. You have to be careful