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HL Low

27 Dec 2023

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Does Topping up parent CPF Retirement Account, the amount is reserved and cannot be withdraw?

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Discussion (5)

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Robert Chui

02 Jan 2024

Yes cannot be withdrawn

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YOC

31 Dec 2023

Yeah. only way to "withdraw" is when CPF LIFE kicks in? but then again, it will be "monthly"

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Adam Tay

28 Dec 2023

Your parent cannot withdra too....

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For CPF, after age 55, can top-up any amount in SA account to earn the 4% interest rate, eg $50k? And afterwhich can withdraw any amount anytime? Or have to top-up just below age 55?

I am a Malaysian PR and I am eligible to withdraw full amount of my CPF in either account when I decided to revoke my PR and retire early back in Malaysia. Should I transfer all my money into RA?

Understand that topping $1 to the SRS account effectively locks in our retirement age at 62. However what does this really mean? Is there any impact on our CPF withdrawal age?

I am born in 1957. If my kid top up my CPF RA or SA got tax relief, but can I withdraw any amount anytime like bank account?

My MIL 79 years old this year, her CPF Retirement account almost empty. If I top up her account using cash as allowance, which scheme is better? The Retirement Sum Scheme or CPF life scheme?

Related Posts

For CPF, after age 55, can top-up any amount in SA account to earn the 4% interest rate, eg $50k? And afterwhich can withdraw any amount anytime? Or have to top-up just below age 55?

I am a Malaysian PR and I am eligible to withdraw full amount of my CPF in either account when I decided to revoke my PR and retire early back in Malaysia. Should I transfer all my money into RA?

Understand that topping $1 to the SRS account effectively locks in our retirement age at 62. However what does this really mean? Is there any impact on our CPF withdrawal age?

I am born in 1957. If my kid top up my CPF RA or SA got tax relief, but can I withdraw any amount anytime like bank account?

My MIL 79 years old this year, her CPF Retirement account almost empty. If I top up her account using cash as allowance, which scheme is better? The Retirement Sum Scheme or CPF life scheme?

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