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AK50

29 Nov 2024

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I am thinking of topping up my 3 kids' special account monthly. Would that be wise or foolish? They are age 13, 16, 19 in 2024

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tinycents

28 Dec 2024

Top up children CPF don't have tax relief - https://www.cpf.gov.sg/member/infohub/education...

if u want to optimise, top up their Medisave account first.

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Pet N

14 Dec 2024

Only if you have a lot of spare and you don't mind it being "trapped"... there are better ways to invest the money I suppose.

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Stella

09 Dec 2024

Tax saving purpose

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Debbie

07 Dec 2024

Hello, it depends on your reasons for doing so, and if its the best choice for you. this article talks about the pros of topping up the CPF account for your child, you can have a read and see if the reasons are important for you!

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Adam Tay

04 Dec 2024

For what? Unless you want to reduce tax, if not no purpose....

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