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Recent content by Wellybound
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W
Turning 55 in year 2013 ...
I interpret it as; CPF used to buy HDB (principle amount) say $130,000 x 50%= $65K add OA + SA = $59K -------...- Wellybound
- Post #44
- Forum: The Courtyard Café
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W
Turning 55 in year 2013 ...
Not an expert on this, but if I am not wrong the value of owned property is taken into consideration (at 50% value?) in the computation of minimum sum. Any old timers who have already withdrawn their CPF care to advise?- Wellybound
- Post #38
- Forum: The Courtyard Café
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W
Turning 55 in year 2013 ...
I think the cpf stand is you can withdraw anything in excess of the minimum sum which will be $132,000 or thereabouts for those born in 1958, nothing if your OA is below that balance. I am sorry to hear of your position, but I don't think cpf board will make an exception even for those with...- Wellybound
- Post #35
- Forum: The Courtyard Café