What to do with your CPF funds after the Special Account closure
Your course of action now depends on the original intention you had for your CPF money, assuming the SA was still open
Add BT as a preferred source
THE Central Provident Fund (CPF) Special Account (SA) was closed on Jan 19 for about 1.4 million CPF members, nearly a year after the closure was announced in Budget 2024.
Over the past month, as Singaporeans above 55 years old prepare for this eventuality, I received many questions about what one should do with their CPF money, which will be transferred to their Ordinary Account (OA) from their SA.
At the same time, I have noticed financial institutions and their representatives encouraging CPF members to invest their OA money to get “better returns”. I hope to provide some clarity on what you should do with your hard-earned CPF money.
TRENDING NOW
MedPark’s assistant CEO runs a hospital where patients, physicians precede profits
E-commerce is killing ‘real’ commerce, says China’s beverage king Zhong Shanshan
Laos-China Railway picks up steam, but S-E Asian country struggles to capture gains
NDR 2026: Singapore to create new Western island to support 'new generation of industries'
