Retirement is one of those phases in life that everyone typically looks forward to and will reach some point in their golden years. And in Singapore, the CPF Board helps you in this journey through an account especially dedicated for this purpose – which is also known as the Retirement Account (RA). Thus, it’s important that you know the ins and outs of your CPF RA so that you can fully utilise it for smooth retirement planning. What is the CPF Retirement Account (RA)? As the name suggests, the RA is meant to supplement your retirement needs by providing you with earned interest, payouts from the Retirement Sum Scheme (RSS), as well as CPF LIFE monthly payouts from your payout eligibility age (age 65). The CPF LIFE plan is an annuity plan that provides recurring passive income for as long as you live. Savings in your RA will be used for this plan....