View Single Post
Old 16-09-2018, 11:25 PM   #6
Arch-Supremacy Member
Join Date: Mar 2004
Posts: 11,204
Hi all, my SA account is still below the current $171k FRS, but my MA monthly contribution flows to my OA. Does anyone know why? I have done a 7k top up to SA this year. Not sure if I will still get income tax relief?
Your eligible top-up of 7k (assuming no refund for excess top-up) to SA this year will only be granted tax relief against this year’s income to be submitted next year.

According to CPF, once your MA reaches BHS, your medisave savings will flow to either your SA or RA.

If the top-up does not bring your SA to 171k, then your monthly MA contribution (above BHS) should flow into your SA.

Last edited by henrylbh; 16-09-2018 at 11:28 PM..
henrylbh is offline   Reply With Quote