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

[Slowdown]

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

Cumming soon.

 

[coyote]

Not all boomers are like that, k?

Is that ts a boomer? I don't know actually.

 

[econ food]

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

This measure recommend by which group of civil servant and approved by ministry of development wan ar ?

 

[XiaoJinLing]

If every eligible withdrawer can withdraw everything one shot... cpf cannot cater lor... we only paper rich nia... to take out as real cash very difficult de lor...

Mayb later will come out more ways telling u to keep the money in cpf account, telling u that can protect ur money from your little three that cheat away all your money.

 

[batdow]

Even 50k per day quite a lot how to spend

 

[seeseelooklook]

I think Gov also no choice.

Sinkies too greedy, that's why got scammed.

Then the children go CPF and banged table say why never stop the father/mother from withdrawing big amounts?

Greed. Blame who?

 

[sango65]

means our CPF money is real

quoting 1 ex-minister, "Every month, when I receive my CPF statement, I feel so rich…"

 

[charliebrown]

wat wrong? for ur protection mah.

 

[swenson]

already mentioned in article:

From Sep 25, members who want to make large withdrawals online are encouraged to plan ahead as they will need to withdraw their money over a few days.

Alternatively, the full amount can be withdrawn in person at CPF Service Centres.

 

[econ food]

There are big differences.

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

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.

Cos of scammer ar?

 

[RinoaX]

Cpf is not your money.

 

[Laguna123]

There are big differences.

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

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.

You really care for BBFA.

 

[icebleue]

So many low income i recommend $5,000 per month as withdrawal limit. LOL...

 

[ask_yip]

heng I use most of it to pay my hdb liao

 

[ouroboroso]

Cpf is not your money.

 

[KnyghtRyder]

Impossible to have 2 million in CPF...

Never say never.

 

[KnyghtRyder]

Can u finish 50K a day?

Go casino ah?

If cannot finish why need so much?

Maybe kid needs to pay university fees.
Maybe people want to buy car?

 

[seeseelooklook]

Cpf is not your money.

It IS my money lah. I use it to pay mortgage.

If not my money, I cannot use it to pay for anything.

 

[munimal]

goalpost keep changing

 

[seeseelooklook]

means our CPF money is real

quoting 1 ex-minister, "Every month, when I receive my CPF statement, I feel so rich…"

Ok lah. not bad to see half a million in there every month.

Some can see 1m in there, lagi happy