Anonymous

02 Dec 2020

∙

Does it mean that if I hit BRS, I can withdraw money as and when I would like to (after 55 years old)?

Can withdraw money as and when I would like to (after 55 years old) after hitting BRS?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Wrong Sean

02 Dec 2020

No, the maximum you can withdraw if you hit BRS only is $5000. To withdraw additional amounts, you need to either have FRS or BRS+property.

FRS is 2 x BRS
ERS is 3 x BRS

https://www.cpf.gov.sg/Members/Schemes/schemes/...

Reply

Save

Write your thoughts

Related Posts

I am 54 years old. If my son tops up my CPF this year, will I be able to withdraw it next year beyond the BRS. And possible to use CPF as a fixed deposit yearly plan to earn interest after 55?

Hi, im 20 years old currently waiting for ns. I have just started investing a sum of money on Stash Away, and i would also like to learn other ways of investment for my current situation. Any advice?

Will the BRS (basic retirement sum) and FRS (full retirement sum) keep increasing as we age and hit the 55 year old mark? What will be a good number to predict?

Hi, I am 55 years old. I would like to ask at this stage of life. My children's are about to finish their University studies soon. What can I start to plan for myself financially? Thank you.?

Would you buy a HDB flat that is 40+ years old, with about 55 years left in the lease when one spouse is <30 years old?

Related Posts

I am 54 years old. If my son tops up my CPF this year, will I be able to withdraw it next year beyond the BRS. And possible to use CPF as a fixed deposit yearly plan to earn interest after 55?

Hi, im 20 years old currently waiting for ns. I have just started investing a sum of money on Stash Away, and i would also like to learn other ways of investment for my current situation. Any advice?

Will the BRS (basic retirement sum) and FRS (full retirement sum) keep increasing as we age and hit the 55 year old mark? What will be a good number to predict?

Hi, I am 55 years old. I would like to ask at this stage of life. My children's are about to finish their University studies soon. What can I start to plan for myself financially? Thank you.?

Would you buy a HDB flat that is 40+ years old, with about 55 years left in the lease when one spouse is <30 years old?