Read? Turning 55 - and enjoying financial freedom (5)
Today, Uncle8888 eng eng made another trip to Bishan CPF Branch.
Last year. Thursday, 22 December 2016
It was like that ....
CPF : You can withdraw interests from SA, OA and MA too.
CW: Pls help to check how much interests I can draw out without touching my SA and OA.
CPF: Wah! You have lots of interests to draw out. It is $XX,XXX. Do you want to draw out now?
CW: No. Not now. I will withdraw next year on January.
So last year at Dec 2016 was like that ...
Interests from SA+OA+MA from Jan 16 to Nov 16 = $XX,XXX (5 figure number)
Today, 13 Mar 2017, it is like this ....
After passing Q ticket and IC to CPF lady and before she could ask ..
CW : I want to withdraw interests from all my CPF accounts.
Uncle8888 also passed to her this notepad.
CW: Pls help to write down the number. Principal and interests. Thank you!
When CPF lady has written down all the numbers and handed over Uncle8888's note pad.
CW: No MA interest?
CPF: This year MA limit is raised to $52,000. Your MA has not reach the limit so you can't withdraw MA interest.
At 13 Mar 2017
Ant will like this CPF Lady. Two decimal places precision!
Let see Grasshopper dares to laugh or not?
Interests from SA+OA from Jan 17 to Feb 17 $X,XXX.XX (4 figure number)
CPF : Do you want to withdraw your interests?
CW: No. Thank you. Have a nice day!
Uncle8888 went to sit down and verify the interests with mobile phone's calculator.
Only when it comes to the actual process of withdrawing monies from CPF; then the understanding is clear!
Is CPF Board doing lousy job of educating the Public with their different understanding by different CPF staff?