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How much CPF savings can I transfer to myself or my loved ones?

You can easily check the maximum amount of CPF savings you can transfer in your Retirement Dashboard.

If you would like to learn more how the amount shown on your Retirement Dashboard is computed, please refer to the table below.

Do note that the actual amount of CPF savings you can transfer may also depend on your recipient's available top-up limit.

Recipient of CPF Transfer

Available CPF Savings for Transfer

If you are below 55

If you are 55 or above

Self

Any amount of your Ordinary Account (OA) savings to your Special Account (SA).

Any amount of your Ordinary Account (OA) savings and Special Account (SA) savings to your Retirement Account (RA)*.

Spouse

Your OA savings after setting aside the current Basic Retirement Sum (BRS)1.

 

Example (PDF, 72KB)

Your CPF savings4 after setting aside your Basic Retirement Sum (BRS)5.

 

Example (PDF, 72KB)

Parents and/or grandparents

If you own a property3, you can transfer 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BRS1, provided you can meet the current Full Retirement Sum (FRS) with your OA savings, SA savings, the net amount withdrawn for investments2 and property3.

 

If you do not own a property3, you can transfer your OA savings after setting aside the current FRS1.

 

Example (PDF, 91.7KB)

If you own a property7, you can transfer your CPF savings4 after setting aside your BRS5, provided you can meet your Full Retirement Sum (FRS) with your OA savings, SA savings, RA savings6, net amount withdrawn for investments2 and property7.

 

If you do not own a property7, you can transfer your CPF savings4 after setting aside your FRS5.

 

Example (PDF, 91.7KB)

Siblings, parents-in-law and/or grandparents-in-law

Your OA savings after setting aside the current FRS1.

 

Example (PDF, 25.9KB)

Your OA savings after setting aside your FRS5.

 

Example (PDF, 25.9KB)

Find out what are the retirement sums applicable to you.

Your SA savings will be transferred first, followed by your OA savings.

Can be set aside using your OA savings, SA savings and net amount withdrawn for investments2.

2 Refers to amounts withdrawn for (i) an active investment account under the CPF Investment Scheme (CPFIS)-OA, and (ii) investments under the CPFIS-SA and discounted Singtel shares that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.

3 Refers to the CPF savings used for property, including accrued interest (P+I). If you have set aside the BRS and own a property bought using CPF savings, the P+I can be considered towards meeting the FRS for making CPF transfers to your parents and/or grandparents. The property you own must have remaining lease that can last you to at least 95 years old.

4 Your OA savings will be transferred first, followed by your SA and then your RA savings6, if applicable. You can write to CPF Board to specify the CPF accounts from which to transfer to your spouse, parents and/or grandparents. Please note that if you use your RA savings6 for the transfer, the sum of your RA savings6 and property7 may be less than your FRS. As a result, 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 Can be set aside using your OA savings, SA savings, RA savings6, and net amount withdrawn for investments2.

6 Refer to the cash set aside in the RA (excluding amounts such as interest earned, any government grants received), plus retirement withdrawals.

Refers to the CPF savings used for property, including accrued interest (P+I). If you have set aside the BRS and own a property bought using CPF savings, the P+I can be considered towards meeting the FRS for making CPF transfers to your parents and/or grandparents. The property you own must have remaining lease that can last you to at least 95 years old. If you have pledged your property for purposes of setting aside part of your retirement sum or to withdraw your retirement savings, the amount secured by the property can be considered towards meeting the FRS for this CPF transfer.