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For CPF member above age 55 and reaching FRS. Are member allow to withdraw the balance Interest earned from OA (Year of withdrawal) before touching on the principal sum in the SA?

CPF Policy Rules on Withdrawal

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Elijah Lee

05 Sep 2020

Senior Financial Services Manager at Phillip Securities (Jurong East)

Hi Francis,

CPF rules dictate that if you are withdrawing any money from SA/OA after 55, and there is money in SA, SA money must be withdrawn first before you can touch your OA money. This would apply to the interest as well.

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47 years old, 2k in oa and 64k in sa, and 55k in ma, 25k to pay off hdb loan how much must I have in sa to reach the frs at age 55? and once u hit the frs at age 55. u still only can take out 5k?

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?

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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?

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