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CPFIS - An Example of Computation of Stock and Gold Investment Limits PDF Print E-mail
 
Ordinary Account balance $ 50,000
Net amount withdrawn for investment1 $ 12,000
Net amount withdrawn for education $ 10,000
Cost of stock investment $ 10,000
Cost of gold investment $   1,000  
CPF Investment Account balance (with agent bank) $ 10,000  
   
                 $
  Ordinary Account balance

50,000

  Net amount withdrawn for investment

    12,000

  Net amount withdrawn for education

   10,000
_________

  Investible savings2

  72,000
¯¯¯¯¯¯¯¯¯

     
  35% of investible savings

  25,200

  Less: Cost of stock investment

  10,000

  Available 35% stock3 limit

  15,200

     
  10% of investible savings

  7,200

  Less: Cost of gold investment

    1,000

  Available 10% gold limit

  6,200

     
     
  Ordinary Account balance

50,000

  Less: Shortfalls4 in Retirement/Medisave accounts

    0

  CPF Investment Account balance

   10,000
_________

  Available balance5

  60,000
¯¯¯¯¯¯¯¯¯

     

The amount available for stock will be $15,200 which is the lower of (a) stock limit of $15,200 or (b) available balance of $60,000.

The amount available for gold will be $6,200 which is the lower of (a) gold limit of $6,200 or (b) available balance of $60,000.

Before investing, please check your CPFIS Statement and take into account any investment transactions that have yet to be settled to determine the amount available for investment.

Notes:

1. The net amount withdrawn for investment is the amount withdrawn for all investments less refunds under CPFIS-OA and Special Discounted Shares Scheme. If the amount is negative (i.e. withdrawals less than refunds), it will be set to zero.
   
2. This is updated on the 11th of every month, based on the balances at the end of the previous month. The update will be on the 12th if 10th is a Sunday/Public Holiday.
   
3. The stock limit applies to shares, property funds and corporate bonds.
   
4. Applicable to members age 55 and above only. The shortfalls applicable are Minimum Sum and Medisave Required Amount shortfall.
   
5. From 1 April 2008, you will not be able to invest the first $20,000 in your Ordinary Account. Thus, the available balance will be $40,000.

 

Source: CPF Website 

 
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