<![CDATA[CPF Life Basic or Standard Plan]]>

MyPillow\" post_id=\"2129365\" time=\"1708322339\" user_id=\"70594:

thanks for the link : )

Funz: the limit to the Enhanced Retirement sum at $456,400 , which the estimated payout at 65 is $3300.
It depends on your age, though. The Basic RS and therefore the other RS get revised each year (usually upwards) and the amount for each person depends on the year they turn 55.

]]>https://forum.kiasuparents.com/topic/74469/cpf-life-basic-or-standard-planRSS for NodeFri, 01 May 2026 20:13:15 GMTMon, 19 Feb 2024 07:44:09 GMT60<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 05:58:59 GMT]]>

slmkhoo\" post_id=\"2129359\" time=\"1708318353\" user_id=\"28674:

Payouts begin at 65, but can be delayed till 70 (and the payouts will be larger).
You choose which plan you want at the time payouts start.
https://www.cpf.gov.sg/member/faq/retirement-income/monthly-payouts/when-do-i-have-to-choose-my-cpf-life-plan#:~:text=If%20you%27re%20automatically%20included,payouts%20will%20start%20at%2070.

thanks for the link : )

Funz: the limit to the Enhanced Retirement sum at $456,400 , which the estimated payout at 65 is $3300.

]]>https://forum.kiasuparents.com/post/2129365https://forum.kiasuparents.com/post/2129365Mon, 19 Feb 2024 05:58:59 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 04:52:33 GMT]]>

MyPillow\" post_id=\"2129352\" time=\"1708315366\" user_id=\"70594:

i see, yes i also think that its... non -reversible
earlier i was a bit confused about retirement sum (B,F enhanced) and the CPF life payout.
CPF life to decide before 65yo, depends on how much amt in RA right?
Payouts begin at 65, but can be delayed till 70 (and the payouts will be larger).
You choose which plan you want at the time payouts start.
https://www.cpf.gov.sg/member/faq/retirement-income/monthly-payouts/when-do-i-have-to-choose-my-cpf-life-plan#:~:text=If%20you%27re%20automatically%20included,payouts%20will%20start%20at%2070.

]]>https://forum.kiasuparents.com/post/2129359https://forum.kiasuparents.com/post/2129359Mon, 19 Feb 2024 04:52:33 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 04:44:09 GMT]]>

Funz\" post_id=\"2129354\" time=\"1708315646\" user_id=\"6230:

Isn't there a limit to how much you can top up into your RA?
The new Budget will allow up to 4 times the Basic Sum. The Full RS is twice the Basic, and the new Enhanced RS will be 4 times. Beyond that, other CPF funds will be in the OA, or can be withdrawn if the person is over 55.

]]>https://forum.kiasuparents.com/post/2129358https://forum.kiasuparents.com/post/2129358Mon, 19 Feb 2024 04:44:09 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 04:07:26 GMT]]>Isn’t there a limit to how much you can top up into your RA?

]]>https://forum.kiasuparents.com/post/2129354https://forum.kiasuparents.com/post/2129354Mon, 19 Feb 2024 04:07:26 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 04:07:24 GMT]]>Isn’t there a limit to how much you can top up into your RA?

]]>https://forum.kiasuparents.com/post/2129353https://forum.kiasuparents.com/post/2129353Mon, 19 Feb 2024 04:07:24 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 04:02:46 GMT]]>

doodbug\" post_id=\"2129350\" time=\"1708314196\" user_id=\"13281:

55 onwards to drawdown age, you can decide on your RA amount (can add to it - reduce RA I doubt can).
i see, yes i also think that its... non -reversible
earlier i was a bit confused about retirement sum (B,F enhanced) and the CPF life payout.
CPF life to decide before 65yo, depends on how much amt in RA right?

]]>https://forum.kiasuparents.com/post/2129352https://forum.kiasuparents.com/post/2129352Mon, 19 Feb 2024 04:02:46 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 03:48:08 GMT]]>now:

at age 55 bday, RA will be set up. Funds from SA then OA will flow to RA.
How much? The current FRS.

]]>https://forum.kiasuparents.com/post/2129351https://forum.kiasuparents.com/post/2129351Mon, 19 Feb 2024 03:48:08 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 03:43:16 GMT]]>

MyPillow\" post_id=\"2129349\" time=\"1708314030\" user_id=\"70594:

> 10yrs is too far to think , policy may change again bet 5 to 10yrs, i see policy making is volatile in coming years...
differnt era/dynasty from last time
we only make decision at 55yo or 65yo to opt for FRS or ERS ?
55 onwards to drawdown age, you can decide on your RA amount (can add to it - reduce RA I doubt can).

]]>https://forum.kiasuparents.com/post/2129350https://forum.kiasuparents.com/post/2129350Mon, 19 Feb 2024 03:43:16 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 03:40:30 GMT]]>

doodbug\" post_id=\"2129343\" time=\"1708312627\" user_id=\"13281:

I hope to be able to. But it's >10 years away for me so I am not too sure if policies would change by then .... ....
Do note that the RA is not liquid at all.
> 10yrs is too far to think , policy may change again bet 5 to 10yrs, i see policy making is volatile in coming years...
differnt era/dynasty from last time
when should we make decision at 55yo or 65yo to opt for FRS or ERS ?
what is the decision to make at 55yo for cpf?

]]>https://forum.kiasuparents.com/post/2129349https://forum.kiasuparents.com/post/2129349Mon, 19 Feb 2024 03:40:30 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 03:36:39 GMT]]>I believe you can take the RA back down to the BRS if you pledge your property. I am not sure whether you can take it back down to the FRS or somewhere between the FRS and ERS just because you changed your mind (or need cash for something).


Edited link:
https://www.cpf.gov.sg/member/faq/retirement-income/retirement-withdrawals/conditions-to-withdraw-part-of-ra-savings-using-my-property

]]>https://forum.kiasuparents.com/post/2129348https://forum.kiasuparents.com/post/2129348Mon, 19 Feb 2024 03:36:39 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 03:32:08 GMT]]>

slmkhoo\" post_id=\"2129345\" time=\"1708312887\" user_id=\"28674:

We are over the FRS already, but won't increase to the $400K max. It is a lot of money to tie up permanently. At least when it's in the OA, it can be withdrawn at need. Life is long and uncertain, and some of you are lot younger than we are. Of course, if someone really has a lot of other funds, then maybe putting $400K in the RA may not seem like too much. We may put more into the RA once we start getting the payouts. In the meanwhile, there are ways to invest the OA to get better returns.
Not only is it permanent in that it is irreversible, even at 65, the disbursement is fixed, and it isn't liquid.

I suspect many, even with the resources, will stay at the FRS level.

However, there is a group of us who may just wanna buy the peace of mind, like some sort of insurance, that you won't be cheated of RA and come what may if you are scammed or ditched or infirmed or mentally unable to manage investments or what, at least there is a sum that is paid out after 65 at the highest allowed level.

Will think about it.

]]>https://forum.kiasuparents.com/post/2129347https://forum.kiasuparents.com/post/2129347Mon, 19 Feb 2024 03:32:08 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 03:21:27 GMT]]>

doodbug\" post_id=\"2129341\" time=\"1708312139\" user_id=\"13281:

Has anyone decided whether or not they will max out their RA, or leave it at the BRS/FRS level?
We are over the FRS already, but won't increase to the $400K max. It is a lot of money to tie up permanently. At least when it's in the OA, it can be withdrawn at need. Life is long and uncertain, and some of you are lot younger than we are. Of course, if someone really has a lot of other funds, then maybe putting $400K in the RA may not seem like too much. We may put more into the RA once we start getting the payouts. In the meanwhile, there are ways to invest the OA to get better returns.

]]>https://forum.kiasuparents.com/post/2129345https://forum.kiasuparents.com/post/2129345Mon, 19 Feb 2024 03:21:27 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 03:19:07 GMT]]>

doodbug\" post_id=\"2129343\" time=\"1708312627\" user_id=\"13281:

I hope to be able to. But it's >10 years away for me so I am not too sure if policies would change by then .... ....
Do note that the RA is not liquid at all.
you still hv a long way and hence the impact of closure of SA is min.
Rem change is a constant ...

]]>https://forum.kiasuparents.com/post/2129344https://forum.kiasuparents.com/post/2129344Mon, 19 Feb 2024 03:19:07 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 03:17:07 GMT]]>I hope to be able to. But it’s >10 years away for me so I am not too sure if policies would change by then … …

Do note that the RA is not liquid at all.

]]>https://forum.kiasuparents.com/post/2129343https://forum.kiasuparents.com/post/2129343Mon, 19 Feb 2024 03:17:07 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 03:12:43 GMT]]>

doodbug\" post_id=\"2129341\" time=\"1708312139\" user_id=\"13281:

Has anyone decided whether or not they will max out their RA, or leave it at the BRS/FRS level?
Am planning to max out my RA.
What about you?

]]>https://forum.kiasuparents.com/post/2129342https://forum.kiasuparents.com/post/2129342Mon, 19 Feb 2024 03:12:43 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Mon, 19 Feb 2024 03:08:59 GMT]]>Has anyone decided whether or not they will max out their RA, or leave it at the BRS/FRS level?

]]>https://forum.kiasuparents.com/post/2129341https://forum.kiasuparents.com/post/2129341Mon, 19 Feb 2024 03:08:59 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Sun, 18 Feb 2024 10:05:10 GMT]]>There are many other ways to park yr money after next year’s demise of SA.


It’s complicated to explain all at once coz for diff age groups, each age group hv diff options.

For most retirees one can withdraw fr RA, to the point of maximizing ano flow of OA to RA, whilst u pull out those amt fr RA to manage yr investments. There are many ways to earn more than 4% depending on yr risks appetite. Insurance is certainly NOT an advisable way to park yr RA funds (IMO).

Those remaining funds in yr OA can be safely invested for more than 4% e.g. Endowus without much risks. For those still young & aspiring property investments, the OA is available for use too.

After SA, there are new ways to take responsibilities to manage our own money.

]]>https://forum.kiasuparents.com/post/2129314https://forum.kiasuparents.com/post/2129314Sun, 18 Feb 2024 10:05:10 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Sun, 18 Feb 2024 09:40:44 GMT]]>

starlight1968sg\" post_id=\"2129294\" time=\"1708217591\" user_id=\"14025:

SA's 4% interest rate is attractive to me bec I cant find endowment plans which offer such rate.
Why only endowment plans? There are other investments that can yield more, with similar risk (that's what I'm told from reliable sources). With an endowment plan, you are probably also paying for insurance you may not need.

]]>https://forum.kiasuparents.com/post/2129311https://forum.kiasuparents.com/post/2129311Sun, 18 Feb 2024 09:40:44 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Sun, 18 Feb 2024 00:55:31 GMT]]>Perhaps right from the start, SA meant for Retirement purposes, can be removed and replaced with RA.

For those age below 55, some portion of the SA/RA can be used for investment. For those age 55 and above, the RA is strictly for retirement to fund the premium of CPF LIFE.

]]>https://forum.kiasuparents.com/post/2129295https://forum.kiasuparents.com/post/2129295Sun, 18 Feb 2024 00:55:31 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Sun, 18 Feb 2024 00:53:11 GMT]]>SA’s 4% interest rate is attractive to me bec I cant find endowment plans which offer such rate.

]]>https://forum.kiasuparents.com/post/2129294https://forum.kiasuparents.com/post/2129294Sun, 18 Feb 2024 00:53:11 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Sun, 18 Feb 2024 00:46:53 GMT]]>The SA still stay for those under 55. IMHO, if parents have the capacity to top up as much as possible into the SA account of their children as early as possible , say $300K, when children are 25 yo, an alternate, potential better return , with not much higher risk, is to use that 300K to pay for down payment of private property? With an avg property price growth rate of 4.9%, it is already better than SA’s 4%. And with the rental income use to offset mortgage payment. As a somewhat noob in investment matter, I would think if parents have that type of financial mean would likely be somewhat sophisticated enough to know property investment as a potential better alternative . I think in reality, there would not be too many cases of parents topping up few hundred K upfront for their children’s’ SA account at early age?


Moreover the current high inflation climate, SA’s 4% is not as attractive as before. There are many saving plans out there with as good interest payout as SA’s, but without the SA’s long lock-in period. There is more reasons now SA is not really a “loop hole”?

]]>https://forum.kiasuparents.com/post/2129293https://forum.kiasuparents.com/post/2129293Sun, 18 Feb 2024 00:46:53 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Sat, 17 Feb 2024 10:47:12 GMT]]>There are no limits one can accummulate in OA and SA.

There are caps for MA and RA.

]]>https://forum.kiasuparents.com/post/2129277https://forum.kiasuparents.com/post/2129277Sat, 17 Feb 2024 10:47:12 GMT<![CDATA[Reply to CPF Life Basic or Standard Plan on Sat, 17 Feb 2024 10:14:24 GMT]]>For top ups, there is a limit. For intrinsic growth, no limit. So people top up to FRS as early as they can and enjoy the compounding. While also enjoying the interest plus addition to SA through work.

]]>https://forum.kiasuparents.com/post/2129274https://forum.kiasuparents.com/post/2129274Sat, 17 Feb 2024 10:14:24 GMT