Transferring (CPF) Ordinary Account to Special Account !!
#11

(27-07-2024, 04:00 PM)sgbuffett Wrote:  Not me. I just want to clarify the rules.for people abive 55

The reason is the SA for those above 55 will be closed next year. Because from now until the closure is less than 1yr. Should some.opportunity emerge that can give 3+% for next 1yr but can only use OA person might want grab the opportunity ahead of closure of SA.

Anyway you have an ans for the question or not?

Next year, sa auto transfer to oa for those above 55.

Expect oa funds to seek higher returns elsewhere.
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