If you’re nearing 55, chances are CPF is already on your mind. Maybe you’re wondering how much you can withdraw. Or whether the rules have changed again. In 2025, they have. And one update, in particular, is getting a lot of attention.
Here’s the thing. The CPF withdrawal rules 2025 aren’t about taking money away. They’re about reshuffling where your savings sit, so they last longer while still giving you access when you need it.
The Main CPF Withdrawal Age Explained
CPF withdrawals officially start at age 55. That’s when a new account, called the Retirement Account (RA), is created for you.
Money from your Ordinary Account (OA) and Special Account (SA) is transferred into this Retirement Account, up to the Full Retirement Sum (FRS). For 2025, the FRS is about S$205,800.
Anything above that amount? You’re free to withdraw it in cash if you want.
The Big Change in 2025: Special Account Closure
This is the update many people are still adjusting to.
From January 2025, CPF members aged 55 and above will no longer have a Special Account. Any remaining SA savings are moved into:
- Your Retirement Account, where they earn higher interest and support monthly payouts
- Or your Ordinary Account, if there’s excess beyond the required retirement sum
Why does this matter? Because it simplifies things. Instead of spreading retirement money across accounts, CPF now focuses it where it works hardest for long-term income.
How Much Can You Withdraw at 55?
This depends on how much you’ve saved.
If you’ve already met the Full Retirement Sum:
- You can withdraw all excess savings, no questions asked
If you haven’t met the Full Retirement Sum:
- You can still withdraw at least S$5,000
Own property with enough remaining lease? You may have more flexibility, as CPF allows some members to set aside a lower retirement sum in such cases.
The key point is this. Turning 55 doesn’t lock your money away. It opens controlled access.
Other CPF Withdrawal Options You Should Know
Not all withdrawals wait until retirement.
CPF allows earlier or full withdrawals if:
- You permanently leave Singapore
- You have serious medical conditions approved by CPF
- Funds are needed for housing or specific approved purposes
Permanent departure usually allows full withdrawal, while medical withdrawals require formal assessment.
Why These CPF Withdrawal Rules Matter
Think of CPF like a slow, steady tap rather than a bucket you empty at once. The CPF withdrawal rules 2025 aim to balance two things: giving you access today and protecting you from running out tomorrow.
Monthly payouts through CPF LIFE provide income for life. And tools like the CPF Retirement Dashboard help you see exactly what to expect.
If retirement is approaching, take time to review your accounts. A little planning now can mean a much calmer future.
Frequently Asked Questions
Can I withdraw all my CPF savings at age 55?
Not automatically. You can withdraw savings above the Full Retirement Sum. If you don’t meet the sum, you can still withdraw at least S$5,000. The rest stays to support monthly retirement payouts.
Why was the Special Account closed in 2025?
The Special Account closure helps consolidate retirement savings into the Retirement Account, where funds earn strong interest and support CPF LIFE payouts. It simplifies retirement planning and strengthens long-term income security.
Can I withdraw CPF early for medical reasons?
Yes. CPF allows early withdrawals for approved medical conditions. These cases require medical assessments and CPF approval. Each application is reviewed individually based on circumstances.
