Hi I'm 24F planning to top up CPF, my mum is 58F this year she has 500 in OA, 5k SA and 2k MA. should I top up her CPF?

Hi Jessica,

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Choong Hwee seems to have answered you, just to add on, that if your mom is eligible for Matched Retirement Savings Scheme, all the more you should top up to her RA via RSTU. It is dollar-for-dollar matching up to $600 per annual by govt to help encourage our parents' generation have set aside money for their retirement. You can read about it here.

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https://www.cpf.gov.sg/Members/Schemes/schemes/...

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Personally, I had spaced out the topups such that I'm topping up at least $10 a week to her CPF via googlepay's PayNow, so that I do get scratchcard too. Hahaha. not much, but it had been averaging around a 2% cashback, and I do all benefits (tax relief, mom gets dollar-for-dollar matching) as per normal CPF topups.

Your mum is 58, she should have RA already. Did she meet her cohort FRS ($171k on 2018) in RA when she was 55?

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What is your intent to top up her CPF?