Lai Liao - CPF withdrawal limit to $50k a day!

[The_Davis]

https://www.channelnewsasia.com/sin...21?cid=internal_sharetool_iphone_22082024_cna

 

[The_Davis]

Need 40 days to withdraw fully if I got $2million

 

[Acetron]

very good move

 

[coyote]

Need 40 days to withdraw fully if I got $2million

Impossible to have 2 million in CPF...

 

[The_Davis]

Impossible to have 2 million in CPF...

Tell that to those 4m65, 4m55 folks

 

[coyote]

https://www.channelnewsasia.com/sin...21?cid=internal_sharetool_iphone_22082024_cna

Every little thing to restrict Cpf will help
..

https://forums.hardwarezone.com.sg/...for-a-thmbdrive.7057859/page-2#post-153484909

 

[ouroboroso]

Won't be surprised if maybe next time deceased member bequeathed funds can only transfer to NOK CPF and cannot be withdrawn anymore

 

[lifeisinforashock]

Wats the diff ? U still get scammed anyway.

 

[coyote]

Tell that to those 4m65, 4m55 folks

You didn't do your homework... There's no such thing.

 

[larvae]

Lucky still enough for cai png

 

[enimen]

Can u finish 50K a day?

Go casino ah?

If cannot finish why need so much?

 

[Visor9999]

May as well convert everything to cpf life and prevent any cpf withdrawals better

 

[ouroboroso]

Every little thing to restrict Cpf will help
..

https://forums.hardwarezone.com.sg/...for-a-thmbdrive.7057859/page-2#post-153484909

Not all boomers are like that, k?

 

[pclow59]

For your own good

 

[Visor9999]

Won't be surprised if maybe next time deceased member bequeathed funds can only transfer to NOK CPF and cannot be withdrawn anymore

Govt should remove min balance. No more withdrawals allowed except for cpf life payments

 

[LoUsyGamER]

"Alternatively, the full amount can be withdrawn in person at CPF Service Centres."

Not fully limit. Still got hope for those that needs money from people past away.

 

[Kapish]

thanks to sotong retirees now all suffer

 

[ouroboroso]

thanks to sotong retirees now all suffer

What's new bro

 

[KPO_SAHM]

Won't be surprised if maybe next time deceased member bequeathed funds can only transfer to NOK CPF and cannot be withdrawn anymore

Possible...
Or maybe future may set rules like no cash unless nominee meets minimum sum

 

[coyote]

Wats the diff ? U still get scammed anyway.

There are big differences.

Last time, Singaporeans withdraw all their CPF at 55 or 65, then within one year got cheated by women or scammers and lost their life CPF savings of few hundred thousands within a year.

Now, Singaporeans can only withdraw $2000-$3000 a month from 65 onwards. So, the women can only stay with him and cheat $2000-$3000 every month the max. So, the women scammer have to stay with the men for long term to cheat more money and the men get to enjoy their companionship.

Many edmwers wanted to remain singles. They really should thank CPF life. It's a life saver.