Скачать с ютуб Budget 2024: Closure of Special Account в хорошем качестве

Budget 2024: Closure of Special Account

To better align CPF interest rates to the nature of CPF savings in each CPF account, the Special Account (SA) will be closed for members aged 55 and above from early 2025. SA savings which contribute to members’ retirement payouts, and hence are not withdrawable on demand, will be transferred to the Retirement Account (RA) up to the Full Retirement Sum, where they will continue to earn long-term interest rates. The remaining SA savings that are withdrawable on demand will be transferred to the Ordinary Account (OA) and earn the short-term interest rate. Members will be notified after the transfer of all their SA savings to their RA and/or OA, and closure of their SA, in early 2025. Members are not required to take any action for now. For more information, please visit https://www.cpf.gov.sg/CSAFAQs.