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Why do I hear about people rushing to buy private property before 55? I know that at 55, the OA and SA accounts are merged into a single RA account. Does this mean you cannot buy private property using RA account money?
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1 Answer

Mike Lim
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Morning,

RA is mean for preparation for your retirement hence it cannot be used to service your mortgage loan. However, if you are still working after 55, you will still have money in your OA where you can utilize for that purpose.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
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