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Commentary: CPF Special Account closure forces a rethink of retirement planning

How should the everyday person begin to approach post-Special Account retirement planning? Samuel Rhee, co-founder and chairman of Endowus weighs in. ....

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FAQs on CPF Special Account closure

More details on the rationale behind the closure of the SA for members aged 55 and above from early 2025, how much one can withdraw from their CPF, and more. ....

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Affected by the closure of CPF Special Accounts? Here's what you can do, according to finance experts

Mr Loo Cheng Chuan, founder of the 1M65 movement, says two existing provisions in the CPF system cushion the impact of the announcements made at Budget 2024. ....

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askST: How will closing of Special Account impact CPF members when they turn 55?

About 14,000 CPF members who are 55 and over today will not be able to transfer all their SA savings to their RA. Read more at straitstimes.com. ....

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Closure of Special Account in line with CPF's purpose and intent: Lawrence Wong

Deputy Prime Minister Lawrence Wong addressed the move to close the CPF Special Account for those aged 55 and older and the reactions it drew online, on CNA's Ask the Finance Minister show. ....

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