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Anonymous

26 Sep 2019

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Which month does CPF pay our yearly interest for OA, SA and Medisave Accounts?

What will this affect?

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Loh Tat Tian

15 Sep 2019

Founder at PolicyWoke (We Buy Insurance Policies)

They will credit it at the end of the year in December. You can check your CPF statement. For mine, it was contributed on 31st December 2018

And Nicholas is correct. They are compounded Monthly (the lowest balance of the month) and credited at the end of the year.

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Nicholes Wong

15 Sep 2019

Diploma in Business Management at Nanyang Polytechnic

CPF interest is computed monthly, then compounded and credited annually to your respective accounts. CPF interest earned in 2018 will be credited to members’ CPF accounts by the end of 1 January 2019.

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Related Posts

During BTO key collection, can I indicate to pay the mortgage using CPF-OA funds but repay my CPF-OA using cash every month / year? Will there still be accrued interest if I repay using cash monthly?

My mum is 49yo this year and is a kitchen helper earning around 1.8k per month before cpf deduction. OA - 11K, SA - 13K, MA - 12K Currently paying 711 for house with 15 years left (110k). What to do?

I am getting my house in 2 years time. Do you recommend if I throw my OA into SA and pay off my monthly mortgage using the OA I got every month from my pay? Should I leave some OA in case I lose my job?

To pay housing loan in cash to save CPF OA? Or to pay with CPF OA and do voluntary contribution later? Since they will spread to MA and SA with more interest?

What is the reason why CPF say by topping up your CPF SA in January each year earn more interest? Does that mean other month I will earn less interest?

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