21 May '13, 4am

CPF special account what to do?? - Page 3

Hmm. The example I gave was what the person from cpf told me. Perhaps I understood wrongly. What about those that hit the age of 55? They only need to keep half of minimum sum and can withdraw the rest. Does it mean they can take out everything except 50% min. sum and medisave? In that case, anyone with say 200K SA can withdraw approx. 130K upon reaching 55. They can then use the 130K for anything. This is also what I heard from cpf and perhaps I may have misunderstood this as well?

Full article: http://forums.condosingapore.com/showthread.php?p=399194#...

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