Can I retain my Ordinary Account savings instead of having them transferred to my Retirement Account to increase my CPF LIFE payouts?
You can retain your Ordinary Account (OA) savings for immediate withdrawal needs if you have set aside your Full Retirement Sum (FRS) in your Retirement Account (RA).
 
If you have not set aside your FRS, your OA savings will be automatically transferred to your RA to provide you with higher CPF LIFE monthly payouts.
 
If you have housing obligations, you can use your CPF LIFE monthly payouts or any CPF savings in excess of your FRS to meet these needs.

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