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Contribution to Parents CPF

Thread starter donald83
Start date Dec 9, 2015

BBCWatcher

Arch-Supremacy Member

Dec 9, 2018

#341

doremi_ said:
Parents under old cpf scheme cannot change to mss scheme?

Before age 79 and 11 months it's possible to switch to CPF LIFE if either/both of them are interested.

yoongf

Supremacy Member

Dec 9, 2018

#342

My bad.. u are right

https://www.sgmoneymatters.com/retirement-planning-cpf-top-up/

BBCWatcher said:
No, not for Special Account or Retirement Account top-ups. The CPF Annual Limit does not apply to SA or RA top-ups.

The only limit on SA top-ups is the Full Retirement Sum. The only limit on RA top-ups is the Enhanced Retirement Sum.

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