14-10-2021, 07:39 AM
![[Image: 6HWIOJY.jpg]](https://i.imgur.com/6HWIOJY.jpg)
14-10-2021, 07:51 AM
Can CPF expert help me to answer this complex question?
I do not support the CPF Life scheme and want to minimize participation in it when I hit age 55 many yrs from now ....
1.;before age 55 I move money out of OA and SA leaving only 20K in OA and 40K in SA. I opt for Basic retirement sum using my property.
2. At age 55 only 60K flows into RA as everything is moved out. This 60K is my CPF Life amount.
3. Suppose I start selling the investments I purchased with the SA money...and the money goes back to SA. Does this money stay in SA or flow down to RA to be part of my CPF Life? Can I apply to stop this flow to CPF Life?
4. Similarly if I sell my investments purchased with my OA can I stop the cash from to RA and to CPF Life?
I check high and low but cannot find the answer.
I do not support the CPF Life scheme and want to minimize participation in it when I hit age 55 many yrs from now ....
1.;before age 55 I move money out of OA and SA leaving only 20K in OA and 40K in SA. I opt for Basic retirement sum using my property.
2. At age 55 only 60K flows into RA as everything is moved out. This 60K is my CPF Life amount.
3. Suppose I start selling the investments I purchased with the SA money...and the money goes back to SA. Does this money stay in SA or flow down to RA to be part of my CPF Life? Can I apply to stop this flow to CPF Life?
4. Similarly if I sell my investments purchased with my OA can I stop the cash from to RA and to CPF Life?
I check high and low but cannot find the answer.
14-10-2021, 08:42 PM
Anyone can help answer my queries?
15-10-2021, 05:48 AM
Ask your friend who will be celebrating CNY with his house and buy a new teck wood table lah.
Also you can ask CPF board. Take a half day leave.
Also you can ask CPF board. Take a half day leave.