The amount of CPF savings you can transfer depends on your age and to whom you are making the CPF transfer.
The tables below show the maximum amount of CPF savings you can transfer to yourself and your loved ones. However, the actual amount of CPF savings you can transfer may also depend on the amount your recipient can receive, based off their available top-up limit.
If you are below 55
CPF transfer to
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Amount of CPF transfer
|
Self
|
Any amount of your Ordinary Account (OA) savings to your Special Account (SA) |
Spouse
|
Your OA savings after setting aside the current Basic Retirement Sum (BRS)1
Example (PDF, 60.7KB)
|
Parents and/or grandparents
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Your OA savings after setting aside the current BRS1, provided you can meet the current Full Retirement Sum (FRS) with your OA savings, SA savings, and the net amounts withdrawn for investments and property2.
If you do not own a property2, you can transfer your OA savings after setting aside the current FRS with your OA savings, SA savings, and net amounts withdrawn for investments.
Example (PDF, 71.6KB)
|
Siblings, parents-in-law and/or grandparents-in-law
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Your OA savings after setting aside the current FRS1.
Example (PDF, 60.1KB)
|
Find out what are the current retirement sums.
If you are 55 and above
CPF transfer to
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Amount of CPF transfer
|
Self
|
Any amount of your CPF savings* to your RA |
Spouse
|
Your CPF savings4 after setting aside your BRS3.
Example (PDF, 60.7KB)
|
Parents and/or grandparents
|
Your CPF savings4 after setting aside your BRS3, if you can meet your FRS with your OA savings, SA savings, RA savings6, net amounts withdrawn for investments, and property2.
If you don’t have a property2, you can transfer your CPF savings4 after setting aside your FRS3 using your OA savings, SA savings, RA savings6 and net amounts withdrawn for investments.
Example (PDF, 71.6KB)
|
Siblings, parents-in-law and/or grandparents-in-law
|
Your OA savings after setting aside your FRS3.
Example (PDF, 60.1KB)
|
Find out what are the retirement sums applicable to you.
1 Can be set aside using your OA savings, SA savings and net amount withdrawn for investments5.
2 CPF savings used for property, including accrued interest (P+I).
3 Can be set aside using your OA savings, SA savings, RA savings6, and net amount withdrawn for investments5.
4 Your OA savings will be transferred first, followed by your SA savings and then your RA savings, if applicable. You can write to CPF Board to specify the CPF accounts to transfer from. If you use your RA savings for the transfer, you may not have enough savings to meet your FRS. When you make a withdrawal from your OA and SA, a portion of the savings will be used to meet your FRS in the RA.
5 Investments refer to amounts withdrawn for (i) an active investment account under the CPF Investment Scheme (CPFIS)-OA, and (ii) investments under the CPFIS-SA and discounted Singtel shares that have not been completely disposed of.
6 RA savings refer to the cash set aside in the RA (excluding amounts such as interest earned, any government grants received) plus retirement withdrawals.
* Your SA savings will be transferred first, followed by your OA savings.
