facebookIf my SA account has reached FRS balance (181k for this year). For tax relief next year, should I top up cash $7K to SA or OA by Dec 2020 or Jan 2021? - Seedly

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Anonymous

23 Dec 2020

∙

CPF

If my SA account has reached FRS balance (181k for this year). For tax relief next year, should I top up cash $7K to SA or OA by Dec 2020 or Jan 2021?

Should I top up cash to SA or OA in Dec 2020 or Jan 2021?

1

Discussion (1)

What are your thoughts?

DL

Daniel Lim

23 Dec 2020

Level 2

You can't top up once your SA has hit FRS. You can use SRS for tax relief though.

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