5 CPF myths debunked

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Instead of taking money out, many savvy savers are trying to find ways to put funds back into their CPF.

PHOTO: ST FILE

Some people have the wrong idea of CPF Life due to their poor understanding of the scheme.
Chief among all the myths is that the scheme unfairly prevents members from withdrawing all their Central Provident Fund money at 55 and then pays out only a small sum every month.
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