Point number 2: Any cash out after 55 from CPF account, you need to draw out from SA first till the SA is empty follow by OA.
There is a way to withdraw money out from your OA without touching your money in higher interest SA :
- You can use your OA money to invest in CPF approved investment as long as your QA more than a min-sum of $20k and SA $40k.
- After you invested the money, you can apply to close your CPF OA investment account.
- Any dividend payout or you decided to liquidate your investment, the money will pay to your bank account instead of CPF OA account
- If you like to invest your money from your OA account again, you can apply to open a new investment account.
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