facebookIf my parent age 63 y/o as of year 2024 have yet to reach the BRS in their retirement account and they have yet to reach their BHS in MediSave account which one should they TopUp? - Seedly

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HL Low

21 Jan 2024

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CPF

If my parent age 63 y/o as of year 2024 have yet to reach the BRS in their retirement account and they have yet to reach their BHS in MediSave account which one should they TopUp?

Discussion (2)

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Yes RSTU to RA to increase the total amt.

Albert Tan

22 Jan 2024

Financial Literacy & Partnerships at MoneyOwl

Should consider RSTU to RA for matching grants. https://www.cpf.gov.sg/member/growing-your-savi...

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VC-MA will only entitle them for tax relief - may not be as impactful as dollar matching.

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