CPF Special Account for members 55 and older to close by January 2025
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mothership.sg
WATCH: Manpower Minister Tan See Leng revealed in Parliament on Monday (March 4) that only 8,400 CPF members, or less than 1 per cent of all members aged 55 and above, will not be able to fully transfer their Special Account savings to their Retirement Account. Dr Tan was explaining an upcoming move announced during Budget 2024 to close the Special Account of those aged 55 and above, and transfer savings there into the Retirement Account, up to the Full Retirement Sum. Read more: https://tdy.sg/
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askST: How will closing of Special Account impact CPF members when they turn 55?
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