Money and Me: Doing away with the CPF Special Account - Your options now
MONEY FM 89.3 MONEY FM 89.3
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 Published On Mar 27, 2024

One of the most talked about decisions unveiled in Budget 2024 is the closure of the Special Account of members aged 55 and above from early 2025. If you were “shielding” what can you do now? What does this mean for those of us who still want to maximize our retirement savings? Michelle Martin finds out with Loo Cheng Chuan, Founder, 1M65 Movement.

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0:00 Loo Cheng Chuan
2:01 Closing of CPF SA
6:18 Losing liquidity
8:54 CPF Shielding
10:40 Potential options
15:33 1 Million by 65 (1M65)
19:16 Who are the winners and losers?
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