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Forum: CPF (Central Provident Fund) 10-01-2022, 10:48 AM
Replies: 10
Views: 12,644
Posted By Salary.sg
After 55, no. See: ...

After 55, no.

See:
https://www.cpf.gov.sg/member/faq/growing-your-savings/retirement-sum-topping-up-scheme/i-am-55--can-i-transfer-my-ordinary-account-savings-to-my-specia

"No, you will not be...
Forum: CPF (Central Provident Fund) 10-01-2022, 01:59 AM
Replies: 10
Views: 12,644
Posted By Salary.sg
Good article with details on the CPF shielding...

Good article with details on the CPF shielding "hack":

https://dollarsandsense.sg/cpf-shielding-hacks-special-account-ordinary-account/
Forum: CPF (Central Provident Fund) 17-04-2021, 07:34 PM
Replies: 10
Views: 12,644
Posted By Salary.sg
Check out this asiaone article...

Check out this asiaone article (https://www.asiaone.com/money/cpf-special-account-sa-shielding-how-you-can-perform-retirement-cheat-code) on the same topic.

Before you turn 55 years old:

Step...
Forum: CPF (Central Provident Fund) 21-02-2021, 03:15 PM
Replies: 10
Views: 12,644
Posted By Salary.sg
This youtube video explains the CPF Shielding...

This youtube video explains the CPF Shielding strategy very well:

https://youtu.be/i2n4l5UyfPw
Forum: CPF (Central Provident Fund) 28-01-2021, 12:07 AM
Replies: 10
Views: 12,644
Posted By Salary.sg
Suppose you have: OA 151k SA 151k ...

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):
Forum: CPF (Central Provident Fund) 27-01-2021, 11:29 PM
Replies: 10
Views: 12,644
Posted By Salary.sg
CPF SA Shielding (do this just before you turn 55)

When you turn 55, CPF board will create a Retirement Account (RA) for you.

The money from your Special Account (SA) will first be transferred to your RA, followed by money from your Ordinary...
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