CPF interest coming tonight

[weng0202]

I thought even if don't meet BHS govt won't ask you to top up. It is the max amount you can have in MA but not the Required amount. My MA is below BHS and I heck care, not working so it is only going to get lower with every year premium deductions

If you are not working then no need to topup. But if you are, your cpf contributions will go into MA to reach the BHS for that year until you turn 65.

 

[weng0202]

CPF so complex today learnt something new again that MA doesnt work like SA wont automatically add the 4% if BHS is $79,000 this year. Need to manually top-up $3,5000 to reach $79,000

heng i always keep some cash for little surprises like this.

I plan my bonuses to do all these topups into MA and SRS.

 

[The_Davis]

MLY finally posted liao

Where ? Never see leh

 

[alvincy]

How much is the tax relief after topping up $3.5k cash to MA?

 

[mcylo]

Edmwers are all so rich. Where are the poor people complaining about high cost of living and expensive mixed vegetables rice?

Mai suan siao us leh....your EPF higher interest wor.

If u PR still can give up PR and go back 联邦 live like a king but we stay inside our pigeon hole

 

[mcylo]

jsk so many hidden dragon here in EDMW...moi jin sad

u got rich papa to sponsor u 20 years endowment policy leh

 

[highsulphur]

How much is the tax relief after topping up $3.5k cash to MA?

you save 3.5k times your marginal tax rate

 

[mcylo]

Where ? Never see leh

have lah. Give him a break. I saw $1000 interest from Boss MLY

 

[luei74]

have lah. Give him a break. I saw $1000 interest from Boss MLY

That one ish his "chua tio" how come so fast in the 31st for his RA, but he still haven't post his int for the 3 accounts

 

[testerjp]

If FRS and BHS full for below age 55.

Wages go in all directed to OA, won't go above FRS?

 

[Senfai]

CPF so complex today learnt something new again that MA doesnt work like SA wont automatically add the 4% if BHS is $79,000 this year. Need to manually top-up $3,5000 to reach $79,000

heng i always keep some cash for little surprises like this.

I think because interest is credited on 31 Dec, but the BHS increases on 1 Jan.

 

[mcylo]

MLY maciam tio aim like that. Everybody beo his CPF.

@MoeLanYong

 

[The_Davis]

have lah. Give him a break. I saw $1000 interest from Boss MLY

That one for RA only leh

 

[mcylo]

That one for RA only leh

aiyo, he 鬼鬼祟祟 very secretive de. scare u all ask him treat cai pergn.

 

[Tuckiereborn]

If FRS and BHS full for below age 55.

Wages go in all directed to OA, won't go above FRS?

No leh, wages go in still split between the 3 account. For the amount that goes into SA, will still go into SA even if hit the FRS. For the amount that goes into MA, it will flow to OA. For the amount that goes into OA, will still go into OA.

 

[KnyghtRyder]

Too many Crouching Tiger, Hidden Dragon, I dared not post mine statement here

It's not a competition. Take it as we are trying to exchange good tips and lobang so that we can rising tide float all boats.

 

[knight27]

Wa lao.. only got 9.5K interest.

Invested in Endowus got 3x this amount.

can share which product you purchased?

 

[KnyghtRyder]

Wa how old r u, CPF so much

49 this year.

 

[compro_1975]

Refunded? You paid back the money you used for housing back to CPF?

Correct

 

[Senfai]

How to post picture ah