Source: CPF Board What is Basic Healthcare Sum (BHS) in 2024? From 1 January 2024, the Basic Healthcare Sum (BHS) will be raised from the current S$68,500 to S$71,500 for CPF members below 65 years old. The Basic Healthcare Sum (BHS) will be fixed at S$71,500 for members turning 65 years old in 2024. What is Basic Healthcare Sum (BHS)? The Basic Healthcare Sum (BHS) is the estimated savings required for basic subsidised healthcare needs in old age. The BHS is adjusted yearly for members below age 65 to keep pace with the growth in MediSave use. Once members reach age 65, their BHS will be fixed for the rest of their lives. What does it mean to me? If you have hit the MediSave Account (MA) upper limit of S$68,500 in 2023, there will be a gap of S$3,000 (S$71,500 minus S$68,500) whereby you can top up in cash to reach the upper limit of S$71,500 in 2024. Why top up your MediSave Account?...