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Anonymous

30 Dec 2021

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CPF top up to Special Account - After hitting the SA limit, can I invest using SA such that I do not meet the limit and top up SA with cash for tax relief? After top up, I liquidate back to SA.

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Chen Zhirong

04 Jan 2022

No matter what you use your SA to buy, it will still be counted as being part of your SA account.

I.e. let's say you buy bonds or SA shield 100k. Your SA account will still state that you have that amount...

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Wrong Sean

31 Dec 2021

https://www.cpf.gov.sg/member/infohub/education...

No, you can top up only up to the prevailing FRS.

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Tan Choong Hwee

Edited 30 Dec 2021

Solutions Specialist at Providend

You can invest SA after setting aside $40k, but the amount you used to invest is counted towards FRS...

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Related Posts

If my CPF SA account is already at FRS ($181k), can i deploy or invest some money from SA account so that the SA sum is below FRS amount and then top up $7k cash to qualify for tax exemption?

Should priority be given to clear our HDB housing loan using cash (which can be paid off from the CPF OA over 20 years), or to use this cash for investment or CPF top-ups to the SA ?

My current main investment mode is monthly investment plan in STI ETF. Topping up CPF SA seems likes an attractive option at 4% p.a. and tax relief. Is there ever a possibility of losing CPF money?

Would like to check if I top up $7K to my CPF SA account, does it mean that I could only top up to $8.3K in SRS so that I max out $15.3K maximum contribution per SRS limit for tax deduction?

If I top up $2000 to my CPF SA account, will my income tax for that year be $2000 less (tax relief)?

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