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When will the discontinuation of Child Development Account (CDA) usage at optical shops and retail pharmacies be implemented?
From 1 Jan 2026, optical shops and retail pharmacies will no longer be Baby Bonus Approved Institutions (AIs). As such, parents will not be able to use their child’s Child Development Account (CDA) moneys to pay for purchases made at these institutions.
Nonetheless, you can still use your child’s CDA moneys for approved expenses at other Approved Institutions here. You can search for an AI here.
Related questions
If partial payment had been made for a child’s eyewear or medication via Child Development Account (CDA) before 1 Jan 2026, can the optical shops or retail pharmacies allow remaining balance to be paid via CDA after discontinuation as Baby Bonus Approved Institution (AI) from 1 Jan 2026?
What action will be taken if optical shops or retail pharmacies accept Child Development Account (CDA) payments on or after 1 Jan 2026?
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Can my optical shop or retail pharmacy continue accepting Child Development Account (CDA) payments before 1 Jan 2026?
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How will parents be notified of the discontinuation of Child Development Account (CDA) usage at optical shops and retail pharmacies?
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