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FAQs Set up internet/mobile banking with your bank. Log in to your bank's internet/mobile banking application. Link your Singapore NRIC to your bank account at the PayNow registration screen. Make a CPF withdrawal by submitting an online application. You can refer to the instructional video in your preferred language.
Can you withdraw your savings at age 55? For those born in 1958 or after, you can also withdraw up to $5,000 unconditionally from age 55. Once you have set aside your FRS, you can also withdraw any remaining OA and SA savings.
Can you withdraw your savings at age 55? For those born in 1958 or after, you can also withdraw up to $5,000 unconditionally from age 55. Once you have set aside your FRS, you can also withdraw any remaining OA and SA savings.
You can withdraw anytime from 55. The amount you can withdraw depends on your birth year and the age you are making the withdrawal. If you have met the FRS, you can withdraw any amount above it. Do consider making that withdrawal in your retirement years.
We will pay your retirement savings to your bank account generally within seven working days after we have received all necessary information. However, we may require more time if we need additional information/documents such as outstanding tax liabilities with IRAS.