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Can I continue to use my Ordinary Account savings to service my regular premium insurance bought before 1 January 2001, even if my balance falls below $20,000?
You can continue to service the future premiums using your Ordinary Account savings, even if your balance falls below $20,000. This applies to you even after age 55 as long as you have set aside the Full Retirement Sum or the Basic Retirement Sum with sufficient property charge/pledge in the Retirement Account.