I keep hearing this recommendation to push more money into their CPF Special Account as a good recommendation. I think this is dangerous. The benefits of topping up CPF SA with cash In a year you can top up your CPF SA with cash up to $7000. Not just that, you can top up family member’s CPF as well. The main benefit is that you enjoy tax relief from your income tax. So if you top up $7000/yr to your SA, your tax relief for the upcoming year is $7000. You can top up to $14,000 ($7000/yr for yourself and $7000/yr for family members) If your next year annual income is $85,000, and you contribute $14,000 in top ups, your taxable income is reduced to $71,000. This will move you possibly to a lower tax bracket. (Tax relief info here) CPF SA higher yield than Cash As a form ...  ...