Qn from community: If you have already achieved Full Retirement Sum (FRS) in your Special Account (SA), you are unable to convert part of the funds in your Ordinary Account (OA) to SA.

• OA: Can use OA for investments (if potential return above 2.5%) / pay off housing loan (reduce debt)
• Cash: Depends on financial goals and their progress (nearing achievement/still have gaps) - we need to allocate different pots of money for diff goals (housing, retirement) ready at different ages - depending which goal is more impt/time critical (need more time to compound)/most economical. But wouldn't hold in cash if emergency fund goal already met.

I maxed out my SRS this year and am now concentrating on (2). Because I don't know if my wife wants to sell our house to buy a better property in the future. I don't want to sell my current fund and get a sianz feeling, realising that all the proceeds will go into plugging my OA gap. So contributing to the housing refund as much as I can now lor haha