23-02-2024, 03:33 PM
1M65 founder est. S$100k loss in interest from CPF Special Account closure for aged 55+
1M65 movement founder Loo Cheng Chuan anticipates a S$100,000 loss in interest earnings following the closure of the CPF Special Account for those aged 55+. Singaporeans express concerns over losing SA's higher interest rates and flexibility for on-demand withdrawals.
https://gutzy.asia/2024/02/23/1m65-found...r-aged-55/
1M65 movement founder Loo Cheng Chuan anticipates a S$100,000 loss in interest earnings following the closure of the CPF Special Account for those aged 55+. Singaporeans express concerns over losing SA's higher interest rates and flexibility for on-demand withdrawals.
https://gutzy.asia/2024/02/23/1m65-found...r-aged-55/