Posted 2mo ago inOther schemes Matters Affecting Undischarged Bankrupts

Can I invest under the CPF Investment Scheme if I am bankrupt?

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Source: https://www.cpf.gov.sg/memberLast updated 2mo ago

If you are an undischarged bankrupt, you will not be able to use your CPF savings for investment. If you had previously used your CPF savings to invest, you can continue to hold your investments but you will not be allowed to make new investments. However, if you had previously used your CPF savings to invest in a regular premium insurance policy prior to your bankruptcy, you may continue to use your CPF savings to pay for your regular insurance premium subject to the Board's terms and conditions.

When you subsequently liquidate your investments, the sale proceeds will be credited into your CPF Investment Account or Special Account.

This information provided here is sourced from the CPF website.

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Can I invest under the CPF Investment Scheme if I am bankrupt?

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