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Elijah Lee
19 Nov 2019
Senior Financial Services Manager at Phillip Securities (Jurong East)
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Kelly Trinh
19 Nov 2019
Backoffice technical at financial services firm
7k is the tax relief limit (self SA topup) per year but you could more if you want up to the Full Retirement Sum (log into myCPF to see the max based on your balances)
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Hariz Arthur Maloy
19 Nov 2019
Independent Financial Advisor at Promiseland Independent
Yes, up to the Full Retirement Sum of the year. This year that is 176k, next year 181k. So if you ha...
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Hi Leya,
You can't have more than $57.2K in MA for 2019 as the is a hard cap on that, so the rest of your funds ($72.8K) would be in SA.
Your limit to top up SA will be up to the full retirement sum, but the actual amount can be more than the FRS due to interest and contributions from work/voluntary contributions to your 3 accounts.