Anonymous

16 Jun 2021

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Is it a good move to save spare cash thru (1) first making voluntary housing refund to CPF OA, then (2) transferring the sum from OA to SA?

The house is fully-paid and owners do not have plan to upgrade. Comparatively SA's 4% pa looks attractive as FD interest is low.

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1M45

16 Jun 2021

Housing refund is ok. Because you can get rid of accuring interest from your property. If you plan to sell your property in the future. However, if you going to live there for the rest of your life, no sense.

OA to SA very bad move. Because of 4% u locked your money till 55. And is irreversible process. Unless you are near 55?

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Cryotosensei

09 Jun 2021

Blogger at diaperfinancingfund.blogspot.com

This is actually what I'm doing these days! But I'm motivated to do so because I haven't hit my FRS yet. When I hit this FRS, I will pivot and use this spare cash to invest in the market.

Good luck!

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Musyaffaq

31 Dec 2020

Business Studies Graduate at Ngee Ann Poly

I think need to know more information. For me, I would ensure emergency fund is enough to last a few...

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To pay housing loan in cash to save CPF OA? Or to pay with CPF OA and do voluntary contribution later? Since they will spread to MA and SA with more interest?

Hi, what happens after one makes a partial housing refund with cash to CPF OA? Will the cash refund be used to offset the principal of property or accrued interest first?

I have low risk appetite. Should I use spare cash to make a voluntary refund of housing amount withdrawn at CPF ($150k including accrued interest) or do partial payment of housing loan (1.8%,$140k left)?

Top up CPF SA with cash directly, or do voluntary housing refund to OA?

45 yrs old single, saving for retirement. I have $65K CPF-SA and $30K in CPF-OA. Does it make sense to transfer all my OA to SA, or use $10K to invest in Endowus for higher i/r?