By MoneyBees
Work out how much of your CPF Ordinary Account you can invest under the CPF Investment Scheme: your investible savings, the 35% stock limit, the 10% gold limit and the first S$20,000 you must keep.
All CPFIS-OA withdrawals less refunds; 0 if negative.
Shares, property funds and corporate bonds, at cost.
Uninvested cash with your agent bank.
Age 55 and above only. 0 otherwise.
You can invest
$60,000
in unit trusts, ETFs, bonds, T-bills
Of which in stocks
$28,000
35% limit: $28,000
Of which in gold
$8,000
10% limit: $8,000
| Step | Amount |
|---|---|
| Investible savings: OA + net withdrawn for investment and education | $80,000 |
| 35% stock limit, less stocks you hold | $28,000 |
| 10% gold limit, less gold you hold | $8,000 |
| OA kept back: first S$20,000, or your RA shortfall if larger | $20,000 |
| Available balance: OA less what is kept back, plus Investment Account cash | $60,000 |
You can put into stocks the lower of your stock room and the available balance; the same goes for gold. CPF updates these figures on the 11th of each month from month-end balances.
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| Product | OA | SA |
|---|---|---|
| Unit trusts, investment-linked policies | Yes | Yes, except higher risk ones |
| Annuities, endowment policies | Yes | Yes |
| Singapore Government Bonds, T-bills, fixed deposits | Yes | Yes |
| ETFs, fund management accounts | Yes | No |
| Shares, property funds, corporate bonds (35% limit) | Yes | No |
| Gold ETFs and other gold (10% limit) | Yes | No |
You can invest SA savings after setting aside S$40,000 in your SA. From January 2025 the SA is closed for members aged 55 and above; existing CPFIS-SA investments can be held, and proceeds go to the RA up to the Full Retirement Sum, then the OA.
Money left in the OA earns 2.5% a year, and the SA 4%, from 1 October to 31 December 2026. An investment has to beat that after fees to be worth it. CPF plans a new life-cycle investment scheme with capped fees in the first half of 2028.
CPF Board's own example: S$50,000 in the OA, S$12,000 net withdrawn for investment and S$10,000 for education, so investible savings are S$72,000. The stock limit is 35%, S$25,200, less S$10,000 of stocks already held, leaving S$15,200. The gold limit is 10%, S$7,200, less S$1,000 held, leaving S$6,200. The member is 55 with a S$10,000 RA shortfall, so S$20,000 of the OA is kept back; with S$10,000 in the Investment Account the available balance is S$40,000. They can buy up to S$15,200 of stocks and S$6,200 of gold.
Figures checked 3 Oct 2026.
Under CPFIS-OA you can invest your Ordinary Account savings above the first S$20,000. Within that, stocks are limited to 35% and gold to 10% of your investible savings. Under CPFIS-SA you can invest Special Account savings above S$40,000.
CPF defines them as your OA balance plus the amount of CPF you have withdrawn for investment and education. The investment amount is net of refunds and is set to zero if refunds exceed withdrawals.
Shares, property funds and corporate bonds bought with CPF. The limit is reduced by the cost of those you already hold.
Gold ETFs and other gold products such as gold certificates, gold savings accounts and physical gold, all through the OA only.
Members aged 18 and above who are not undischarged bankrupts, with more than S$20,000 in the OA or more than S$40,000 in the SA. New investors must complete the CPFIS Self-Awareness Questionnaire.
The SA was closed for members aged 55 and above from January 2025. You can keep existing CPFIS-SA investments; when they are sold or mature, the proceeds go to your Retirement Account up to the Full Retirement Sum and the rest to your OA.
CPF pays 2.5% a year on the OA and 4% on the SA from October to December 2026, risk free. An investment has to beat that after fees to be worth it, so compare carefully before you move money out.
CPF Board plans a new investment scheme in 2028 offering simplified life-cycle products with capped all-in fees. Providers are expected to be named in the first half of 2027.
These calculators provide general estimates for educational purposes only and are not personalised financial advice. Results may rely on rates and rules that change over time, so verify against official sources (IRAS, CPF Board, HDB, MAS) or consult a licensed financial adviser before making decisions.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).