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Announcements Improve How I Manage My Money Grow & Protect My Nest Egg My Home and I Ready for Retirement Kids & Family Matters Everything Fun Polls
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  4. CPF account opening for children
  • JY
    jyyu

    Newbie

    CPF account opening for children

    Savings
    0

      Has anyone created a CPF account for their child?

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      A Former User Newbie
      last edited by A Former User

        Your child might already have one depending on when they were born (around 2012 i think?) cause of the MediSave Grant. If they were born before then and you want to make a top-up into their Special Account, you can take care of this online on their CPF e-Cashier page.

        Another discovery I made when I had my child was that remaining funds in their CDA will go in to their PSEA, and then in to their CPF OA. I was so happy to discover this cause it allows me some flexibility in terms of what I can use that money for.

        Curious to know the reason behind this question. 🤔

        1 Reply 0 Reply
      • ET
        EthanLoh Newbie
        last edited by

          Its created if government have already put in $4,000 into their medisave.

          Else, you need to go CPF board to open an account for them using their NRIC.

          1 Reply 1 Reply
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