Quote:
Originally Posted by Unregistered
can cpf money/interest be taken out? I am clueless.
at what age can i withdraw my money? is there any criteria for withdrawal?
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CPF's interest is fixed at the 2-2.5% for lower tier. Any monies used for Housing for example will be payable back together with cash money interest.
The interest accrued is as good as money deposited/contributed. No distinction.
Should you hit the minimum sum, you may elect to withdraw a certain sum upon maturity prior to the 'monthly payout'.
Why would you want to touch your
CPF money? Government is doing investment in it! We need to have faith in them and similarly show them our support! Just refrain from touching it!