CPF Ultimate Guide: Full Retirement Sum (FRS 2025 update)

[@HoneyMoneySG]

📈 Click hmsg.link/ibkr to see my preferred broker 💹 Interactive Brokers 🎥 CPF Video playlist: hmsg.link/cpf 🔭 Telegram Group: t.me/HoneyMoneySG

[@kennethou1093]

one feature of CPF accrued interest after 55 is that it can be used to top up CPF OA at 2.5% with your excess funds (eg. no more high interest t-bills or SSB , FD) and withdraw when you like assuming you hit FRS

[@buninthewind]

I plan to do that. Withdraw anytime and 2.5% with no special clauses, i think it is a dream come true? lol. Perhaps when i am 55, they might have OA closure. lol

[@dividendnomatt]

Wow that’s pretty cool, never this exist! 😂

[@zerase84]

but why wait until 65 to enjoy.

[@dividendnomatt]

@@zerase84 true! Thats why I retired at 40

[@zerase84]

@ Well done, if you are able to retire at 40, there is nothing much to learn from videos like these already

[@dividendnomatt]

Yep, if u compare with schemes from other countries, CPF really is great! especially with home ownership… OP! Definitely S tier!

[@byebyefiat]

Powerful video. Best 👍🏻

[@alvinchua9436]

My SA already hit FRS, but I am still top-up for tax reasons. Does it make sense?

[@dfxpowerball_sg4750]

Possible. Before interests are credited in, can top up into Medisave Acct for those already achieved FRS in SA.

[@ambengfan]

Perhaps another updated ibkr review?

[@wzc8886]

From CPF website, it is important to note that the amount of RA savings you can withdraw excludes interest earned, any government grants received and top-ups to your retirement savings. So do VCMA instead of RSTU for tax relief cos supercharging SA does not count as top-ups.

[@psmith8318]

This is a special year as the FRS and ERS are now 4 x BRS. If you have the wherewithal you can do a massive CPF cash top up.

[@JokerCatz]

reno done? house tour! lol. what is the brand of ceiling fan you are using? going to start mine soon after cny

[@tritonyeah]

why you dont want to top up medisave to max?

[@pathfinder1672]

I think Chris has mentioned he doesn't need it for tax-relief, he is his own boss now.

[@tritonyeah]

@@pathfinder1672 own boss also can tax relief mah

[@bobafett5757]

Great insights but few questions to ask first have you done CPF and DPS nomination its important since you have substantial balance amount and second question are u you sure that accrued interest can be withdrawn as cash even if already hit the sum amount cos accrued interest has to be returned back to CPF once property sold so how can we withdraw that amount when its considered as an owed interest so please help to explain cos I am confused now

[@damienlim7282]

Charge +1 😊

[@angtenglai1097]

Very good sharing . Thanks

[@angtenglai1097]

Hi Chris. If you are age 70 now with ERS under the Minumum Sum Scheme. Will you stay with MSS or join cpf life now or only join at age 79, pse share your personal thoughts. Thank you.

[@Kch6167a]

My SA already more than FRS If now I top up 4K to my MA Can I get tax relief?

[@johnsonkasim4197]

If i am 10 year old now, what will be the frs when i am 55 year old?

[@entertainme2638]

Thanks for the video. Even if you hit FRS and BHS very early in your 20s or 30s, you can still continue to get $8k tax relief. Topup medisave in January every year when BHS increases, and also top up medisave after your insurance premiums and medical cost deductions. You just need to be proactive

[@JazelTAN-if4xp]

Hi honey money, may I ask at what age did you hit the max for MA?

[@sookuanfong]

charge+1 please

[@angtenglai1097]

Hi Chris. If you are age 70 attained ERS n under Minimum (MSS) Sum Scheme. Will you stay stay with MSS or join CPF Life now or join CPF Life at age 79. Pse share your thoughts. Thank you.

[@adamsoon21232]

You got more than the FRS inside your SA, what will happen to the remaining balance inside the SA ?

[@ranvierion]

employee+employer contribution and annual interest will continue to flow into SA and accumulate inside. Only voluntary contribution into SA + OA->SA transfer will not be allowed when SA hits FRS. The role of SA is for retirement payout and not for us to take advantage of the very safe 4% interest rate that our government provide us, for capital appreciation. :) During creation of RA, full amount of FRS that is applicable for our cohort will be transferred over. Whatever that is leftover in SA will be transferred out of SA and go into OA. SA will close.

[@allanngo9469]

Charge + 1

[@肉肉拿走肉]

how old are you with these amount in your CPF>?

[@xplodnow]

Charge +1

[@hhtthh9]

CHARGE+1 pls!!! 😄

[@ObeluStrawberry]

wanted to ask, when u do vcma due to increase of BHS, that has to be on or after 1 Jan 2025. so this will have tax relive for the coming income tax computation in 2025 or 2026 computation?

[@sharonwong2073]

Charge + 1.

[@sleepyhealer]

Cannot top up 😭😭😭😭😭

[@anziar3038]

CPF is ranked best in Asia and top five in the world. That's a first-world PAP.❤

[@lolboya]

for CPF Top up for tax relief 8k, better to top up to OA, MA or SA?

[@holypunk12]

MA first will make sure after hitting BHS future MA contribution goes to SA anyway !

[@HG-kn3hb]

I am 59 this year and I am in the midst of returning my housing loan with accrued interest by 61. Earning interest from the returned accrued interest = Huat ah!

[@Kalimatullah_Yoh1-1.14]

So all the cpf money goes into ur RA ?

[@HG-kn3hb]

@Kalimatullah_Yoh1-1.14 OA. I already have FRS in RA. OA is my main savings account. Bank account of 5K for emergency access.

[@Kalimatullah_Yoh1-1.14]

so if havent hit FRS at 55, then sell house, the money will all go to RA is it? And cant use to buy new flat?

[@HG-kn3hb]

@Kalimatullah_Yoh1-1.14 sell house will go back to OA if you take loan from OA.

[@jonathanlim3604]

charge plus 1

[@Ymusputhandle]

Pension is gahmen gv u money to retire CPF is u retire at ur own costs, gahmen gv u abit interest CPF Life is u retire at ur own costs, gahmen makan ur 4.14% compound interest to pay those who outlive 85 Welcome to Singapore

[@lsfoo3588]

Should join cpf life or not ? What’s the tc for not able to join ?

[@Ymusputhandle]

@lsfoo3588 cpf life is mandatory unless u buy private annuity

[@private6708]

charge+1

[@holypunk12]

FRS should increase like BHS !

[@wongwong3514]

I explicitly mentioned church to be the

[@wongwong3514]

I explicitly declare that the church be the sole beneficiary of my will

[@Kalimatullah_Yoh1-1.14]

I have very low cpf cos i used all to pay for hdb flat. Only 10 yrs left to reach 55. How ah?

[@ChandraChandra-er7nf]

My SA already exceed FRS. But why some money still flow to SA every month? Last dec $2040 flow to my OA and $475 to SA. I thought it should be all go to OA? My MA already full as well.

[@ranvierion]

employee+employer contribution and annual interest will continue to flow into SA and accumulate inside. Only voluntary contribution into SA + OA->SA transfer will not be allowed when SA hits FRS. The role of SA is for retirement payout and not for us to take advantage of the very safe 4% interest rate that our government provide us, for capital appreciation . :) During creation of RA, full amount of FRS that is applicable for our cohort will be transferred over. Whatever that is leftover in SA will be transferred out of SA and go into OA. SA will close. :)

[@ChandraChandra-er7nf]

@ make sense

[@ChandraChandra-er7nf]

@ initially i thought money no longer flow to SA once it hit FRS

[@ranvierion]

@@ChandraChandra-er7nf Nope, that's not true, hence, i hope my explanation has provided you with a better insights of how CPF works and how SG citizens/CPF members are able to benefit from the power of compounding interest and this tool and gift that SG government provides to us. :)

[@ChandraChandra-er7nf]

@@ranvierionSG citizens are all blessed

[@clarencechan835]

Are those prism+ ceiling fans?

[@Qoonutz]

I also believe that the FRS increment after 2027 will be 4%. I also not the government. Just my 1 cent prediction. Haha.

[@owariz9344]

It will be sian

[@Qoonutz]

@ Sian? Also lan lan. Let’s see the announcement. I expect it to be in late 2026.

[@wongwong3514]

I

[@northend441]

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