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Anonymous

23 Jun 2021

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What happened if you put $181k into your child's SA account and 25 years later, unfortunately, the child passed away with no spouse. How will the money in the SA be handled?

CPF- SA

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Tan Choong Hwee

23 Jun 2021

Investor/Trader at Home

It will be distributed according to your child's CPF nomination, or goes to PTO for distribution according to intestacy law if no nomination is made:

CPF FAQ on Distribution Upon Death

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What happen to CPF RA (Retirement Account) money when someone pass away? What is the difference, - pass away < 65 CPF LIFE starts vs. - pass away > 65 after CPF LIFE payout starts

If my CPF SA account is already at FRS ($181k), can i deploy or invest some money from SA account so that the SA sum is below FRS amount and then top up $7k cash to qualify for tax exemption?

If my SA account has reached FRS balance (181k for this year). For tax relief next year, should I top up cash $7K to SA or OA by Dec 2020 or Jan 2021?

If I top up my spouse account up to FRS from 20 K , At her age 55 Can she choose to select BRS with property pledge and remaining money in SA account.?

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