Anonymous

10 Oct 2020

∙

When is the best time to top up CPF SA?

Planning to top up $7000 into my parents account via retirement scheme top up.

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Ow Jie Liang

10 Oct 2020

Student Ambassador 2020/21 at Seedly

For the long term and constant top ups, ideally in 1st Jan of the year. However, if you are looking to get in now, it is still alright. In between the year, it would be alright to top-up anytime you have spare funds to park under CPF.

If you wish to "time", then anytime you have spare funds to park under CPF is good, the 1st of every month would be better, and on 1st of Jan would be best.

Moving forward, if you wish to put in $X into CPF every year, the most ideal scenario is to contribute/top-up a CPF account on 1st Jan of every year.

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Lim Boon Tat

10 Oct 2020

Mathematics at Cambridge University

As soon as you can! The earlier it's full, the earlier you can reap the full benefits of risk-free compounding!

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When is the best time to top up CPF each year?

If I want to max out my CPF top up and let my SA grow with interest compounded at 4%, my RA would have about 710k by the time I'm 55. Is this correct?

Hi. I am gonna start my full time job end august. Understand that we can top up to our cpf for tax relief. How to go about doing so and when will be the best month to do it?

What is the best way to accumulate CPF savings before turning 55 years old but can no longer top up SA?

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