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Why was my Child Development Account (CDA) saving/contribution not co-matched by the Government before the CDA closed?
To receive the Government co-matching in your child's Child Development Account (CDA), the following conditions must be met:
Your deposit must be within the CDA Government co-matching cap; and
You must make the deposit into the CDA before 15 Dec of the year your child turns 12.
Important: If you make a deposit into the CDA after 15 Dec of the year your child turns 12, you will receive the Government co-matching amount in the Post-Secondary Education Account (PSEA) that opens in Feb. Visit the MOE website for more information about PSEA.
Related questions
What does Child Development Account (CDA) Government co-matching cap mean and how can I maximise it before CDA closes?
What is the deadline for me to top up the Child Development Account (CDA) in order to receive Government co-matching contributions?
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What happens to the Child Development Account (CDA) balance after my child’s CDA is closed?
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Can I still receive Government co-matching after my child’s Child Development Account (CDA) is closed?
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