Only amounts above $20K in OA and amounts above $40K in SA can be used for investments. These are the requirements from CPF for the CPF investment scheme.
Hence if your balance in OA or SA is less than those amounts, you cannot use your CPF money for investments. If your OA has more than $20K but SA has less than $40K, you can only invest using your OA funds. Usually that is the case as the compulsary contribution to OA is more than to the SA.
And the arrangement for investing OA and SA funds differ. With OA funds, you need to open a CPF investment account with one of the three local agent banks (DBS,OCBC,UOB) and link that account to any broker/robo that supports investments with CPF funds. With SA funds, you need to check directly with the broker.
Also some people might not want to invest using their SA funds if they are not confident of earning more than the SA interest rate of 4%. For OA, it still might be possible to get returns more than 2.5%.
Only amounts above $20K in OA and amounts above $40K in SA can be used for investments. These are the requirements from CPF for the CPF investment scheme.
Hence if your balance in OA or SA is less than those amounts, you cannot use your CPF money for investments. If your OA has more than $20K but SA has less than $40K, you can only invest using your OA funds. Usually that is the case as the compulsary contribution to OA is more than to the SA.
And the arrangement for investing OA and SA funds differ. With OA funds, you need to open a CPF investment account with one of the three local agent banks (DBS,OCBC,UOB) and link that account to any broker/robo that supports investments with CPF funds. With SA funds, you need to check directly with the broker.
Also some people might not want to invest using their SA funds if they are not confident of earning more than the SA interest rate of 4%. For OA, it still might be possible to get returns more than 2.5%.