Do you transfer for your CPF from OA to SA?

Be like AK... Be different..

If you are earning a high salary.. The best form of saving is to having topping up your loved one and transfering ordinary to special account to earn a 4% interest... Do it constantly yearly and you shall see a difference

Downrisk you have to be at age 65 before one can start to enjoy your $$$ if not your loved one shall enjoy for you..​​​

It depends on your current situation. If you are planning to buy a property, you should only consider making the transfer of funds from OA to SA after you make the downpayment for your property and having a buffer fund for 2 years. I will recommend keeping at least $20k in your OA to maximise the interest that CPF is offering.

It is definitely a good move to transfer money from your OA to SA due to the higher interest rate that CPF is offering. With the higher interest rate, it will also translate to more money into your CPF at the end of the day. A friend once told me, just let the power of compound interest work its magic over time. With this strategy over time, you will be on the road to hitting your FRS.​​​

I did when I was a Uni student. My idea was that I won't be touching my OA for the next 5-10 years till buying HDB , which by then I'll be working and be able to accumulate enough OA. So I transfer to SA to get higher returns while I was still studying

I've been doing the top up for the past 2 years. I'm using the 7000 top up to reduce my tax into the lower bracket.

I have also transferred all my OA into SA and make it a point to also move my salary contributions into SA (my OA is always 0). I do this because I already have my own HDB flat and it has already been paid for.

Assuming the Singapore government doesn't just completely collapse, the chances of my money in the SA disappearing is low. 4% returns, almost risk free, can't be found anywhere else eh?