What to do with the CPF money in Singapore for a Singaporean married to a foreigner while living overseas. She found out she has cancer. Is withdrawing the best option she is covered under private insurance overseas? - Seedly
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Anonymous

Asked 2w ago

What to do with the CPF money in Singapore for a Singaporean married to a foreigner while living overseas. She found out she has cancer. Is withdrawing the best option she is covered under private insurance overseas?

Should she withdraw her CPF monies?

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Hello there,

CPF monies cannot be withdrawn, unless you have attained the age of 55. If your wife has not hit the full retirement sum, she can only withdraw 5K from her account. If she has hit the full retirement sum, she is able to withdraw the excess above the sum.

In any case, the only instance where CPF monies are disbursed, is on death.

Hope this clarifies your queries!

2

zen Chong

2w ago

Thanks I wonder if she should withdraw all money now?
Duane Cheng
Duane Cheng

2w ago

Hmm... Its not a guarantee that CPF will process the withdrawal.
Thank You!
Can you clarify
I wonder if
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