What to do with cpf?

Congratulations on getting the Home Loan done (i assume that is fully paid in this context).

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For the SA account, can use as premium savings account and prepare for retirement (RA) in a way.

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As for the OA account, you can keep the min sum of $20,000 for the enhanced interest sum of 3.5% pa first.

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Then buy in either Singapore Savings Bond (SSB) or Singapore Government Securities (SGS) Treasury Bills (also known as T-bills) at a fixed sum each time. T-bills tend to have higher interest rates (last 6-month one at 3.87% pa for 12/10/23 batch).

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Can refer to the following articles for more information on Singapore Savings Bond (SSB) or Singapore Government Securities (SGS) Treasury Bills, as well as CPF interest rates.

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Central Provident Fund (CPF) Special Account (SA) cap as of Oct 2023 ($198,800 for year 2023, $228,200 for year 2027)

https://www.cpf.gov.sg/member/infohub/education...

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Central Provident Fund (CPF) interest rates :

https://www.cpf.gov.sg/member/infohub/news/news...

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Singapore Savings Bond (SSB) :

https://blog.seedly.sg/guide-investing-singapor...

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Singapore Government Securities (SGS) Treasury Bills : https://blog.seedly.sg/treasury-bills-t-bill-si...

Buy Tbill / put some into FD - almost risk free, but will have to monitor when to rollover. You can also consider buying a property provided you could get a mortgage at an attractive rate.

Invest in property

Transfer OA to SA for a risk free 4%. Let me know your thoughts. Thank