What Is the CPF Contribution Cap for Employees? There is a specific limit to how much a Singaporean can contribute to their CPF accounts each month; that limit is called CPF Wage Ceiling. There are two types of contribution caps: Ordinary Wage Ceiling: It is a CPF contribution limit on ...
(see the 4thand 5thscreenshots below).Do note that the “Allowable Contribution” figure provided by CPF does not factor in further CPF contributions received before year end, and any subsequent breach of the BHS cap (point 1 above) or CPF Annual Contribution Limit (point 2 above) will ...
Current contribution limits: CPF: $37,740 SRS (SC/PC) $15,300 (None SC/PR) $35,700 For tax deductions keep an eye on the overall cap of $80,000 (Which I think is BS). The new 2023 CPF retirement limit for ERS is probably going to be $298,200 (more BS). I not lawyer/teac...