facebookMy mom is not in CPF LIfe. She's 70+ now. If she wants to withdraw her money from CPF RA, is there any limits / restrictions for her? - Seedly

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Anonymous

26 Jun 2019

SeedlyTV

My mom is not in CPF LIfe. She's 70+ now. If she wants to withdraw her money from CPF RA, is there any limits / restrictions for her?

My mom is not in CPF LIfe. She's 70+ now. If she wants to withdraw monies from CPF RA, is there any limits / restrictions for her?

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Hi,

As we will need your mother’s personal information for us to check and assist you better, please call 1800 227 1188 / +65 6227 1188 (overseas) from Monday to Friday, 8am to 5.30pm, or write in at cpf.gov.sg/writetous.
Thank you.

Loh Tat Tian

13 Jun 2019

Founder at PolicyWoke (We Buy Insurance Policies)

Any monies in the RA will be subjected to the minimum allowed monthly payout of $250 (and increases once pass $50,000 in RA).

Estimated monthly payout is $550 for RA account of $112,000 in RA.

So for your mum, you can't withdraw in lump sum only...

Kenichi Xi

13 Jun 2019

nᴉʍ oʇ dǝnᴉʇsǝd 不能说的秘密 at Tag Team with Gabriel Tham

Yo!​​​
You can instruct CPF Board to start your Retirement Sum Scheme (RSS) payouts anytime from y...

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