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Anonymous

29 Nov 2020

∙

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?

Must meet BRS or FRS to withdraw any amount anytime? How to use CPF SA or RA, like high interest bank account?

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Jiayee

29 Nov 2020

Salaryman at some company

Top-ups via RSTU and the interests accrued by them are reserved and not withdrawable.

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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?

CPF top up to Special Account - After hitting the SA limit, can I invest using SA such that I do not meet the limit and top up SA with cash for tax relief? After top up, I liquidate back to SA.

If my CPF SA account is already at FRS ($181k), can i deploy or invest some money from SA account so that the SA sum is below FRS amount and then top up $7k cash to qualify for tax exemption?

If my parents did not withdraw their CPF and they meet all requirements to withdraw anytime, can they withdraw and then I do voluntary top up to get tax relief?

My current main investment mode is monthly investment plan in STI ETF. Topping up CPF SA seems likes an attractive option at 4% p.a. and tax relief. Is there ever a possibility of losing CPF money?

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