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CPF Special Account closure: What is the impact?

YouTubeThe Straits Times

CPF Special Account closure: What is the impact?

A slew of changes to the Central Provident Fund (CPF) system announced at Budget 2024 including the closure of the Special Account (SA) for those aged 55 and above from 2025. READ MORE: https://str.sg/pqMJ When the SA is closed, savings in that account will be transferred to the Retirement Account (RA), up to the Full Retirement Sum (FRS). Any ...

21.2K viewsFeb 20, 2024

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