cpf
1
A Singapore Government Agency Website
Back to home
Updated by CPF
Contact us
Why can't I withdraw my top-ups from my retirement savings if I have an alternative pension/annuity?
Top-ups to your retirement savings are meant to build up your retirement savings and boost your retirement payouts. Hence, they cannot be withdrawn as cash in a lump sum or used for other purposes.
In addition to earning risk-free interest rates on your top-ups, you might have also benefited from tax relief. Allowing withdrawals of the top-ups would defeat the purpose of the scheme and the incentives given.
This information is sourced from CPF.
Related questions
How will the top-ups to my retirement savings be used?
Can I still make top-ups or receive top-ups to my retirement savings if I have withdrawn my savings using my pension/annuity?
cpf
1
1
Can I transfer my top-ups made to my Special Account/ Retirement Account to other CPF accounts if I need to use them for other purposes such as housing or healthcare?
cpf
Can I withdraw the top-up monies if I have the Full Retirement Sum, or the Basic Retirement Sum if I own a property?
cpf
Need more help?
Describe your issues to us.
