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CPF withdrawal at 55 years old: What can you do?


The Central Provident Fund (CPF) helps working Singaporeans and Singapore permanent residents set aside funds for retirement.

Contributions to CPF are split into three accounts:

- Ordinary Account (OA) which can be used for housing, insurance, investment, and education.

- Special Account (SA) which is for retirement savings and retirement-related investment.

- MediSave Account (MA) which can be used for healthcare expenses.

When you turn 65, you start receiving your monthly retirement payouts. But before that, you can actually start withdrawing money from your CPF account when you turn 55.




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