By MoneyBees
How much more your CPF grows by 55 if you transfer OA savings to your SA: 4% instead of 2.5%, the effect on extra interest, the most you can move and the rules from 55.
Yes, if you are below 55. You can move OA savings to your SA up to the current Full Retirement Sum, S$220,400 in 2026, less what is already in your SA.
No. CPF top-ups, including transfers, are irreversible, and SA savings cannot be used for housing.
From 1 Oct to 31 Dec 2026 the OA earns 2.5% and the SA 4%, a gap of 1.5% a year. The 4% floor on SA savings holds until 31 December 2027.
No. CPF transfers do not qualify for tax relief or the matching grant. Relief is only for cash top-ups, up to S$8,000 for yourself and S$8,000 for loved ones.
Below 55 you earn an extra 1% on the first S$60,000 of combined balances, counting at most S$20,000 from the OA. Moving OA savings above S$20,000 into the SA can raise the amount that earns the extra 1%.
No. The SA closed for members aged 55 and above from 19 January 2025. From 55 you can transfer OA savings to your RA instead, up to the current Enhanced Retirement Sum less your RA savings.
CPF's transfer rules name only the Ordinary Account as the source of a CPF transfer.
Keep enough in the OA for your downpayment and monthly housing loan first. Once moved, the money cannot come back to pay for a home.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).