Anonymous

03 Jan 2021

∙

Should I transfer $100k from my CPF OA to SA to earn interest to maximise my retirement funds?

Happy New Year! My house is fully paid off My RA = FRS My son going Uni in 2022, My daughter in P6 in 2021, I have $150k in OA, I want to transfer $100k to my SA to earn interest Is this advisable?

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Jiayee

03 Jan 2021

Salaryman at some company

If you already have RA, is it even possible to transfer from OA to SA? If it is possible, then yes you may proceed. OA is used for housing and children's education but personally, I'm not keen to put my children's CPF in debt.

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Related Posts

Should I a) use my CPF OA funds to invest in Endowus or b) transfer my OA balance into SA to earn 4% interest? (Assume house is already bought and no other use for OA funds)?

Is it advisable to transfer all the funds from your OA to SA to earn the higher interest rate to grow our CPF funds? Are there any things that I have to be mindful of before doing so?

I am already 55, and have done my CPF ERS. Since I am still working and have contributions to my CPF SA and OA, may I know can I still transfer my CPF from OA to SA to earn higher interest rate?

Will you transfer your CPF OA money to CPF SA to earn a higher interest, if say you dont really need them for housing purposes?

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?