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Why am I not allowed to transfer my CPF savings to my children?

Updated by CPF
Your CPF savings are meant to support your retirement needs. Your children would be able to accumulate savings in their working years. Hence, it is more important to prioritise your own retirement savings and ensure that you have sufficient funds to support your retirement needs.
 

This information is sourced from CPF.

Topics:

Growing Your SavingsRetirement Sum Topping-Up Scheme

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