It has become a routine for me to top up my CPF Special Account under the Retirement Sum Top-Up Scheme (RSTU) at the beginning of the year. As CPF interests are computed on a monthly basis, we could reap higher returns by topping up our CPF account(s) in Jan rather than Dec. For an amount of $8k based on 4% interest rate, the difference between Jan and Dec could be more than $290. Under RSTU, the main benefits are to earn the risk free 4% interests from CPF SA and to enjoy tax reliefs for up to $8k.
I have topped up $8k today, reaping $320 of interests and saving $560 of taxes (at 7% rate), thereby gaining $980 or 11% worth of benefits! 



Moving ahead, I plan to top up my Supplementary Retirement Scheme (SRS) account.
Meanwhile, I am like a predator hunting for...