The sale proceeds from your investments under the CPF Investment Scheme-Ordinary Account (CPFIS-OA) and CPF Investment Scheme-Special Account (CPFIS-SA) are handled differently.

 

 

When you sell your investments, the sales proceeds will automatically be credited into your CPF Investment Account (IA). If you did not re-invest the monies in your CPF IA, the funds will be automatically returned to your CPF Ordinary Account (OA) at the end of the second month. When this happens, you would lose up to two months of CPF interests. Hence, if you are not planning to re-invest your sales proceeds in your CPF IA, we would encourage you to apply to your agent banks to transfer the funds in your IA to your CPF OA. You can find the relevant info on how to initiate the refund from your IA to your OA.

 

 

When you sell your investments, the sales proceeds will automatically be credited into your Special Account (SA). If you are aged 55 and above and your SA is closed, the sales proceeds will be credited to your CPF Retirement Account up to your Full Retirement Sum, with any remaining balance credited to your OA. Do cater processing time required for the settlement of each application (applicable to both the purchase and sale of investments). You can check with the respective service/product providers directly for the processing time required.