facebookHow do I help my mum to earn higher interest in CPF SA, while she's having less than $20,000 in her RA/Medisave combined in CPF? - Seedly

Advertisement

Loh Tat Tian

Loh Tat Tian

Level 11·Founder at PolicyWoke (We Buy Insurance Policies)

18 Nov 2019

Retirement

How do I help my mum to earn higher interest in CPF SA, while she's having less than $20,000 in her RA/Medisave combined in CPF?

I am trying to help my mum have more liquid money while earning higher interest. And since Paynow can be used, I figure it can be a bank account for my mum. But I am worried that CPF will transfer available funds to make up her BRS instead. She wants the liquidity.

Discussion (3)

What are your thoughts?

You may have to strive the balance and think which one is your priority.

View 2 replies

Write your thoughts

Advertisement