Topped Up CPF MA

   

I just topped up $1k into my CPF Medisave Account (MA) today. 

An early Ang Bao to myself from left hand to right hand.

My CPF MA balance now stands at $73,703.73, $1,796.27 away from the Basic Healthcare Sum (BHS) of $75.5k for 2025.

As my idle cash are stashed away in money market funds yielding more than 3% daily interest and being staked for selling cash secured put options, I plan to wait for the next CPF contributions from employment in Feb 25, before topping up my CPF MA to BHS using free money from dividends.

The key benefits of voluntary CPF MA top up are to enjoy tax relief as well as earning 4% p.a interest.

As I have already attained Full Retirement Sum in my CPF Special Account, I could no longer make Retirement Sum Top Up. This is the best effort I can make with CPF.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investment decisions should be made based on individual circumstances and after careful consideration of risks and potential rewards.

Thank you for reading.

With love & peace, 

Qiongster