Anonymous

26 Jun 2019

∙

My mom is not in CPF LIfe. She's 70+ now. If she wants to withdraw her money from CPF RA, is there any limits / restrictions for her?

My mom is not in CPF LIfe. She's 70+ now. If she wants to withdraw monies from CPF RA, is there any limits / restrictions for her?

7

Discussion (7)

What are your thoughts?

Learn how to style your text

CPF Board

26 Jun 2019

Hi,

As we will need your mother’s personal information for us to check and assist you better, please call 1800 227 1188 / +65 6227 1188 (overseas) from Monday to Friday, 8am to 5.30pm, or write in at cpf.gov.sg/writetous.
Thank you.

Reply

Save

Loh Tat Tian

13 Jun 2019

Founder at PolicyWoke (We Buy Insurance Policies)

Any monies in the RA will be subjected to the minimum allowed monthly payout of $250 (and increases once pass $50,000 in RA).

Estimated monthly payout is $550 for RA account of $112,000 in RA.

So for your mum, you can't withdraw in lump sum only...

Reply

Save

Kenichi Xi

13 Jun 2019

nᴉʍ oʇ dǝnᴉʇsǝd 不能说的秘密 at Tag Team with Gabriel Tham

Yo!
You can instruct CPF Board to start your Retirement Sum Scheme (RSS) payouts anytime from y...

Write your thoughts

Related Posts

What if CPF RA exceed Enhanced Retirement Sum (ERS) at age 55? If choose not to withdraw, how much CPF life can pay? Using 1M65 as an example, how much CPF life pays based on 1million balance at 65?

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

Hi, if I were to put my money into my mom’s CPF OA at 2.5% interest, when my mom is at the retirement age, can she withdraw the money with no cap?

I am a Malaysian PR and I am eligible to withdraw full amount of my CPF in either account when I decided to revoke my PR and retire early back in Malaysia. Should I transfer all my money into RA?

When you want to calculate your net worth, should you include the cash value in your whole life insurance policies and money in your CPF accounts (OA, SA, MA)?

Related Posts

What if CPF RA exceed Enhanced Retirement Sum (ERS) at age 55? If choose not to withdraw, how much CPF life can pay? Using 1M65 as an example, how much CPF life pays based on 1million balance at 65?

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

Hi, if I were to put my money into my mom’s CPF OA at 2.5% interest, when my mom is at the retirement age, can she withdraw the money with no cap?

I am a Malaysian PR and I am eligible to withdraw full amount of my CPF in either account when I decided to revoke my PR and retire early back in Malaysia. Should I transfer all my money into RA?

When you want to calculate your net worth, should you include the cash value in your whole life insurance policies and money in your CPF accounts (OA, SA, MA)?