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Anonymous

17 Aug 2021

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If my RA reached FRS before 55 and still have extra in my OA/SA, what’s the best options if I do not need to withdraw my OA/SA?

Other than to top-up RA till ERS, any low risk investment for OA/SA ?

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Tan Choong Hwee

19 Aug 2021

Investor/Trader at Home

Just a clarification, you won't have RA before 55. I believe you meant your SA has reached FRS. One thing you can plan to do is SA Shielding when you are about to reach 55, effectively keeping the shielded amount in SA while RA is formed with OA (FRS-$40k).

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rogersk

Edited 17 Aug 2021

I would consider Endowus RoboAdvisor via their CPF investment route. Depending on how old you are and your risk tolerance, you may choose your portfolio weightage between bonds and equity. Their core portfolio ranges from 20% Equity and 80% Fixed Income to 100% Equity.

Just my 2cents worth, you do you.

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Will I be able to withdraw the money transferred from OA to SA assuming FRS is reached at 55 and the "extra" amount happens to be the amount transferred?

If my FRS is already full and I am less than 55 years old, am I allowed to top up to ERS? Or do I need to wait for RA account to be formed at age 55 then I am allowed to top up RA account to ERS?

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?

If > 55, and RA is at ERS for the year, MA and SA also maxed - if withdraw from OA then VC back, will the VC sum still be split into OA and VA? What if SA was maxed but then some got trf to RA at 55?

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?

Related Posts

Will I be able to withdraw the money transferred from OA to SA assuming FRS is reached at 55 and the "extra" amount happens to be the amount transferred?

If my FRS is already full and I am less than 55 years old, am I allowed to top up to ERS? Or do I need to wait for RA account to be formed at age 55 then I am allowed to top up RA account to ERS?

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?

If > 55, and RA is at ERS for the year, MA and SA also maxed - if withdraw from OA then VC back, will the VC sum still be split into OA and VA? What if SA was maxed but then some got trf to RA at 55?

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?

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