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Safe Custody of Pension Funds, Assets: The Role of PFC – THISDAYLIVE thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
December 19, 2020
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Many of us may already know that we have the option to start our CPF LIFE payouts from age 65. What fewer of us may be familiar with is that we can withdraw another lump sum amount at 65 – on top of what we may have withdrawn from our CPF at 55.
(Recap) What we can withdraw from our CPF at 55
When we turn 55, we are finally able to withdraw some of our CPF savings in cash. How much we can withdraw typically depends on how much CPF savings we have, and whether we have hit our Full Retirement Sum (FRS) for our cohort.