Paying for my Medical Bills while getting Tax Reliefs
As part of my ongoing health KPI for myself, I underwent a couple of dental surgeries (trust me, it wasn't a straightforward decision for me. The experiences were nothing short of terrifying for me too).
So before the surgery, I was to sign a form to use my CPF MA to pay or using cash. I then remembered that I can top up my CPF MA for tax relief.
After signing the form to allow usage of my CPF MA and completing the procedure, the bill takes about a month to arrive for the finalised sum.
With that information, I can top up the same amount into the Medisave.
Note that we can do this for any Medisave deductions such as Integrated Shield Plan payments, as long as it is within the annual contribution limits.
Just a refresher,...