CPF member age 55 (RA @ ERS)(MA @ BHS) Shielding SA may lead to 86.54% (Age 55-59) of contribution allocate to OA, locked-in & behind SA. Are there any useful options to manage the lock-in fund in OA?

CPF Rules & Policy and Effect of Shielding SA after age 55.

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Duane Cheng

09 Sep 2020

Financial Consultant at Prudential Assurance Company Singapore

Hi Mr.Seet,

You can do shielding for both your OA and SA, should your balances be enough. CPF will only take up to your FRS amount, not ERS @ age 55.

The idea behind more OA being allocated to your RA, is due to the lower interest rate compared to SA. You can release the funds after the RA is formed, to do your own investments on your OA.

There are many ways to manage your OA funds, if they are not locked in into the RA, however based on your time frame, that window will be short. Your risk tolerance will also determine your instruments used for yourself. It is definitely a complex situation, with many variables involved. If you require assistance, do create a contact request, then we can figure out what might best work for yourself.

Hope i was able to address your queries!

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Related Posts

I am already 55, and have done my CPF ERS. Since I am still working and have contributions to my CPF SA and OA, may I know can I still transfer my CPF from OA to SA to earn higher interest rate?

Under RSTU, does OA to SA CPF transfer contribute into RA at age 55? Will the transfer be counted into the withdrawal at age 55?

If > 55, and RA is at ERS for the year, MA and SA also maxed - if withdraw from OA then VC back, will the VC sum still be split into OA and VA? What if SA was maxed but then some got trf to RA at 55?

Can I volunteer to contribute all my CPF account (OA,SA,MA) as an employee? Can I also contribute my child all CPF OA,SA,MA? I had contributed SA or MA for my child and me before.

What if CPF RA exceed Enhanced Retirement Sum (ERS) at age 55? If choose not to withdraw, how much CPF life can pay? Using 1M65 as an example, how much CPF life pays based on 1million balance at 65?