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We’ve contacted the member, Mr Michael Toh, to explain that most of his CPF savings are in his MediSave Account, which can be withdrawn to help with major healthcare expenses as members age. For other needs, Mr Toh can withdraw savings from his Ordinary Account and Special Account (SA).

 

Upon withdrawal, some of his SA savings will be transferred to his Retirement Account (RA) to meet his cohort Full Retirement Sum. He can then continue to enjoy monthly payouts from his RA.

 

Please share.

 

(CPF Facebook post)

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