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How do I transfer my shares, bought under CPF Investment Scheme (CPFIS), to my Central Depository (CDP) account?
You can apply to withdraw your CPF Investment Scheme (CPFIS) investments and transfer your shares to your own CDP account, after you have reached 55 years old and have set aside your Full Retirement Sum (FRS) in the Retirement Account (RA). The FRS can be set aside fully with cash, or with cash (i.e. at least the Basic Retirement Sum) and property. Your CPF Investment Account will be closed once you apply to withdraw your investments.
Please refer to this FAQ for more information on how the retirement sum is set aside at age 55.
You will be able to view the link to submit your application through the Investment dashboard if you meet the eligibility conditions.
This information is sourced from CPF.
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