Forums - View Single Post - CPF SA Shielding (do this just before you turn 55)
View Single Post
  #3 (permalink)  
Old 28-01-2021, 12:07 AM is offline
Senior Member
Join Date: Jun 2009
Posts: 40 is on a distinguished road

Originally Posted by Unregistered View Post
RA interest rate also 4%
Suppose you have:
OA 151k
SA 151k

Without shielding, after you turn 55, you will have:
OA 121k <-- 2.5%
SA 0k
RA 181k

With shielding (after T-Bills mature):
OA 10k
SA 111k <-- 4%
RA 40k+141k

The difference is that you will have 111k earning 1.5% more.

Reply With Quote