CPF Accounts Value thread

[Duncallmebro]

If SA and MA have reached FRS and BHS respectively, and I do a voluntary contribution, how would the amount be divided by CPF?

Will all go into OA?

 

[badsector]

If SA and MA have reached FRS and BHS respectively, and I do a voluntary contribution, how would the amount be divided by CPF?

Will all go into OA?

No need to argue so much: CPF has the answer

yes.......

 

[terence2112]

If SA and MA have reached FRS and BHS respectively, and I do a voluntary contribution, how would the amount be divided by CPF?

Will all go into OA?

FRS will still receive money. BHS will overflow to OA

 

[dork32]

As what one forummer (i believe its dork32) explained, one would need to live till 96 to fully "earn" back his returns. My question would be, what if at aged 80 i pass away. Will there be money to be passed on to my children? If so, is it (principal plus interest earned till that point MINUS total payout till death stole me away)??

first this is i did not say that you have to live till 96 to get back your money.

cal is comparing ers and frs
you have to pump in 88k into ra for ers at 55
this 88k will become 131k if it is left in the sa for 10 years
the payout of ers is 610 more than frs
drawing 610 a month from a sa of 131k can be continue for 31 years (hence 96 yo)

this is why i tell everyone to choose basic. if you die at 80 on basic, whatever is left on your principal and interest (140k if you are on frs) will go to your kids.

if you choose escalating or standard. there would be little or nothing left if you die at 80

 

[dork32]

Hougang area. 3 bus stop from interchange. Have collected about 80k rental so far.

seriously 3 bus stop from interchange is nothing to shout about.

i am not sure about hougang. i am a bedok guy.

i can say two-thirds of bedok + chai chee is within 3 bus stops from the bedok interchange. bedok is quite a large hdb estate.

 

[kehyi4]

If SA and MA have reached FRS and BHS respectively, and I do a voluntary contribution, how would the amount be divided by CPF?

Will all go into OA?

assuming normal VC to CPF (ie not VC-MA nor RSTU):
- OA portion will go to OA
- SA portion will go to SA (FRS doesn't matter)
- MA portion will go to OA (since BHS)

Sent from null using GAGT

 

[ELKYme]

Yes sir, good suggestion. Intend to try out with just a little 3 months before turning 55 to ensure that I did it right (like firing a tracer shot for night range).

This hack sounds easier in theory than it is in practice.

One suggestion; try to try this earlier rather than wait till last minute.

 

[Duncallmebro]

assuming normal VC to CPF (ie not VC-MA nor RSTU):
- OA portion will go to OA
- SA portion will go to SA (FRS doesn't matter)
- MA portion will go to OA (since BHS)

Sent from null using GAGT

Thanks for the info.

So if our intention is to put the full amount into OA only we can attempt to do a VC-MA (when we have already reached FRS and BHS)? Does that work?

 

[kehyi4]

Thanks for the info.

So if our intention is to put the full amount into OA only we can attempt to do a VC-MA (when we have already reached FRS and BHS)? Does that work?

If MA=BHS, then the amount allowed for VC-MA = 0, since the limit for VC-MA is BHS

so no, it won't work

 

[Duncallmebro]

If MA=BHS, then the amount allowed for VC-MA = 0, since the limit for VC-MA is BHS

so no, it won't work

ah I understand. Thanks for the answer

 

[henrylbh]

seriously 3 bus stop from interchange is nothing to shout about.

i am not sure about hougang. i am a bedok guy.

i can say two-thirds of bedok + chai chee is within 3 bus stops from the bedok interchange. bedok is quite a large hdb estate.

I consider my 3rm flat at Bedok Reservoir with 24hrs ntuc and shen shiong and the reservoir is better place than anywhere in Hougang, though it's a distant from the town centre.

 

[crimsontactics]

Tbh, I regretted a little putting 90k into my CPF SA...

Recently stock market very good to buy...

Sent from . using GAGT

 

[Toni90]

I consider my 3rm flat at Bedok Reservoir with 24hrs ntuc and shen shiong and the reservoir is better place than anywhere in Hougang, though it's a distant from the town centre.

I think Hougang and Bedok same distance to centre.

 

[Summer78]

Tbh, I regretted a little putting 90k into my CPF SA...

Recently stock market very good to buy...

Sent from . using GAGT

Hindsight is 20/20

 

[henrylbh]

Hougang area. 3 bus stop from interchange. Have collected about 80k rental so far.

My 311 Hougang nearer to interchange or yours?

I am advertising it for sale at 363k (3rm corner at 83sm move in condition with brand new toilets and rooms including dinner area airconditioned). Flat is vacant and early move in allowed

 

[SBC]

My 311 Hougang nearer to interchange or yours?

I am advertising it for sale at 363k (3rm corner at 83sm move in condition with brand new toilets and rooms including dinner area airconditioned). Flat is vacant and early move in allowed

No of bus stop, yours is 2 stops to interchange. But blk 311 is too far from bus stop.

Are you sure 3room there can fetch 363k? What it’s SRX TOX?

Jus changed, a 8th floor unit, X-value is at 278k.

My late grandmother has been “staying” at the temple there.

 

[henrylbh]

No of bus stop, yours is 2 stops to interchange. But blk 311 is too far from bus stop.

Are you sure 3room there can fetch 363k? What it’s SRX TOX?

Jus changed, a 8th floor unit, X-value is at 278k.

My late grandmother has been “staying” at the temple there.

Asking only. Initially got offer for 350k but buyer decided Woodlands finally cause of son's school. Then got offer of 353k pending valuation. If valuation is too low, I will refund otp deposit.

 

[dork32]

I think Hougang and Bedok same distance to centre.

i think he meant from bedok centre or hougang centre

 

[dork32]

Tbh, I regretted a little putting 90k into my CPF SA...

Recently stock market very good to buy...

Sent from . using GAGT

you will regret not putting more when the market crashes

 

[hwmook]

you will regret not putting more when the market crashes

He got no more, money won from gambling as he mentioned before.