When Can I Withdraw My Investments? What Do I Need To Do?

::: Members :::

my cpf Online Services

Get Started

View Online Demo

I want to:

View My Statement

Submit online application forms

Know more about CPF interest rates

Request a SingPass

Know more about my cpf Online Services

Know the CPF contribution rates

Know more about CPF Minimum Sum

Know more about MediShield

Know more about CPF services on AXS

Subscribe to CPF mobile services


my cpf - Main Page

my cpf - Life Events
		Starting Work
		Getting Married
		Having Children
		Buying A House
		Making An Investment
		Providing for your Healthcare Needs
		Living Overseas
		Starting A Business
		Hiring Employees
		Reaching 55
		Managing Your Retirement
		Losing A Loved One

Do you find this Life Event informative?

Very informative

Informative

Not informative

Do you find this Life Event well-presented?

Very well-presented

Well-presented

Not well-presented

	-	Making An Investment
*...Having Peace Of Mind*

When can I withdraw my investments? What do I need to do?

Upon reaching 55, you can apply to the Board to withdraw your CPFIS-OA and CPFIS-SA investments as well as the cash balance in your Investment Account, as long as you have set aside the CPF Minimum Sum and Medisave Required Amount. Your CPF Investment Account will be closed once you withdraw your investments.

To apply for the withdrawal, click here or submit the completed form to us.

The procedure to withdraw the investments is as follows:

CPFIS-OA	CPFIS-SA
The Board will inform your agent bank to close your CPF Investment Account. You may approach the bank for the withdrawal of your investments and cash after the Board has notified you. Your investments will be transferred to your own name and you may thereafter liquidate them as you wish and have the sale proceeds paid to you directly.	The Board will inform your product provider(s) to transfer your investment to your own name and you may thereafter liquidate them as you wish and have the sale proceeds paid to you directly.

Once withdrawn, your CPFIS investments and cash balance in your Investment Account will no longer be protected from any claims by your creditors and/or the Official Assignee.

However, if you are unable to set aside the CPF Minimum Sum and Medisave Required Amount, your investments will not be transferred to you. Upon liquidation of your investments, the sale proceeds will be credited to your CPF Investment Account for CPFIS-OA or Special Account for CPFIS-SA.

Back to the top

	Are there any criteria I need to fulfil before I can use my CPF savings for investment?
	How do I start?
	How much can I take out from my CPF for investment and what can I invest in?
	Do I have to incur any charges for CPFIS?
	When can my investments be sold?
	What do I need to do when I want to sell my investments?
	What happens when I make profits? What happens when I make losses?
	Do I need to pay taxes on profits made from my investments?
	What about my investments when I reach 55 years old?
	What happens if I divorce?
	What happens if I become a bankrupt?
	Should I invest or should I not?
	When I am no longer around
	Moving forward

Last Updated on: Thursday, June 30, 2011 at 5:48 PM