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Can I still receive Government co-matching after my child’s Child Development Account (CDA) is closed?

Updated by MSF

If you have not reached your child’s Government co-matching cap by the time the CDA closes, you can continue saving in your child's Post-Secondary Education Account (PSEA) before they turn 18 to receive the remaining Government co-matching in their PSEA.

For more information on PSEA, visit the MOE website.

Topics:

Baby Bonus (BB)Annual Closure Exercise of Baby Bonus CDA on 12th Year

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