CPF Cash Top-up Relief CPF Retirement Sum November 5, 2016Leave a comment Retirement Sum Scheme From January 2016, you can choose from three levels of retirement sum to set aside in your Retirement Account – Basic, Full or Enhanced Retirement Sum ...
Benefits ofSpecial Account Top Up 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 ...
As for the revised top up in 2022, you are correct about the $8k max to either your MA, SA, or combination of the two. However, I also understand the new rules also allow you to enjoy additional $8k tax relief for topping up a loved ones account, so some pros/cons. ...
Using the T25 L-wrench, loosen the set screws on each side of the retractor below the top cap. 2. Each rope is attached to a weight that sits on a shelf. Pull the weight shelf up by pulling the rope located in the middle of the top cap. 4-2 3. Rotate the top cap so the ...