facebookAt age 60 i compounded my OA+SA to $1mil and decided to withdraw $1k. Does CPF take out from OA or SA first? Thank you.? - Seedly

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Kenichi Xi

nᴉʍ oʇ dǝnᴉʇsǝd 不能说的秘密 at Tag Team with Gabriel Tham

07 Jun 2019

SeedlyAMA

At age 60 i compounded my OA+SA to $1mil and decided to withdraw $1k. Does CPF take out from OA or SA first? Thank you.?

At age 55, i fufill FRS and have excess and Never withdraw the excess to roll my money in CPF.

At age 60, i decided to start withdraw $1k per mth, which account does CPF withdraw from first?

OA or SA?

Thank you.

AMA 1M65

Discussion (2)

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Loo Cheng Chuan

07 Jun 2019

Founder at 1M65 Movement

From what I know, Generally, SA will be taken out first followed by OA to make up the requested partial withdrawal amt.

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