Re: today is the last day for topping up CPF/SRS and Jan 1 is the first day to top up again Post by PNGMK » Sun Jan 02, 2022 1:54 am Post 55 folk cannot do a top up to their SA account as far as I can tell. We are limited to MA and RA accounts for tax relief but...
If you are under 55 years old and have not yet hit the FRS,doing a voluntary cash top up to your CPF SA provides two benefits: Benefit 1:Enjoy a risk-free 4% p.a. interest rate on SA savings Benefit 2:Income tax relief at your marginal tax rate (see below table), capped at S...