CPF members over 55 can take out excess CPF savings if they have set aside their cohort’s Full Retirement Sum (FRS) in their Retirement Account. They can fulfil their FRS requirement with cash ...

Hence, it’s also why the government would set up decades in advance the Central Provident Fund (CPF) to assure we have ...

With the closure of the SA in 2025, CPF members aged 55 and above will have three accounts instead of four. Upon closing the SA, savings in the account will be transferred to the RA up to the Full ...