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Do I need to wait for the Child Development Account (CDA) matching contributions to be deposited before I can use the CDA funds?

Updated by MSF 50 found this helpful

You can use the funds in the Child Development Account or CDA any time after you start saving in your child’s CDA. Your deposits will be matched within 2 weeks (excluding public holidays) after saving into your child's CDA.

To check your child's CDA balance and contributions, please go to Baby Bonus Online (BBO) (https://go.gov.sg/bbfamilyview).

Topics:

Baby Bonus (BB)Baby Bonus Scheme

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