Last updated on June 6th, 2021
When you are deciding on topping up your CPF,
you are presented with 2 options: topping up your Special Account (SA), or your MediSave Account (MA). Since
both earn the same amount of interest, is there really a difference between topping up either account? Here’s what you need to know.
Should I top up my SA or MA?
The decision to top up your SA or MA
really depends on your financial goals. If you are aiming to build up your retirement nest egg, then you should top up your SA. However, if you want to build up your safety net for any health emergencies, topping up your MA may be more beneficial. Here is an
in-depth comparison between topping up either account:
Method of topping up
When you are topping up your SA, you will be using the
Retirement Sum Topping-Up...
