Detailing my yearly CPF top-up and thoughts. This is my 8th year of top-up. 1. Top-up $2.5k to Medisave via Paynow Did a $2,500 top up to my Medisave, bringing it to 2023 MA ceiling of $68,500. Done the same for my husband as well. 2. On hold - To top up $5.5k to SA or no? Contrary to the past where I top-up at the start of the year, I have decided to hold off the top-up.

1. A) Running out of cash

Firstly, I'm running out of cash. I'm berating myself for degrading to the past where I look forward to my monthly income for cashflow. So I can build up my $100k capital in savings account again, given the current high interest environment.

1. B) Hitting FRS soon = no tax relief

Secondly, I'm concerned about reaching FRS too soon. The FRS this year is $198,800. I'm now sitting on ~$157k SA which means $41,800 away from reaching this ceiling....