Every January, your MediSave limit (the Basic Healthcare Sum) goes up about 4.7%. That opens new room in your MediSave, even if it was already full. Most people just let their salary fill it. But topping it up yourself can earn you guaranteed CPF interest and tax relief every year, even after you've met your Full Retirement Sum.
In this live stream, I'll walk you through the strategy and run the numbers live with my new BHS Top-Up Planner:
Why the BHS keeps rising, and what that means for you
Salary top-up vs January top-up: what actually changes
How much to top up each year, from age 45 to 65
Where the gain comes from: CPF interest vs tax savings
The rules and caps you must know before acting
This tool is part of the 1M65 AI Finance Course, where I show you how to build models like this yourself with AI.
Bring your questions live!
This is for education only. It is not financial advice. Figures are estimates based on current CPF and IRAS rules, which can change. Check with CPF Board and IRAS before making any decisions.
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#1M65 #CPF #MediSave #BHS #BasicHealthcareSum #CPFTopUp #TaxRelief #RetirementPlanning #CPFMillionaire #SingaporeFinance #PersonalFinanceSingapore #AIFinance...