Quote:
Originally Posted by Unregistered
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!
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Because i need cash. Is it not my money? Last time i hospitalised, i had money in CFP but they not allow me to use. i had to borrow money to pay bills.