Can I choose to transfer my child's Child Development Account (CDA) balance to his Edusave Account instead of Post-Secondary Education Account (PSEA)?
Child Development Account (CDA) balance can only be transferred to Post-Secondary Education Account (PSEA).
This information is sourced from MOE
Related questions
Currently, I use my child's Child Development Account (CDA) for his kindergarten fees and medical insurance. After the balance is transferred, can I use the Post-Secondary Education Account (PSEA) for the same purpose?
Why not have just one account instead of three - Child Development Account (CDA), Edusave Account and Post-Secondary Education Account (PSEA)?
What will happen to the unused fund in my child’s Child Development Account (CDA)?
Can the Post-Secondary Education Account (PSEA) be used for a child's educational expenses at primary, secondary and junior college levels?
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