facebookIs there a limit to how much I can put in SA of my CPF account? - Seedly

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Leya Lee

20 Nov 2019

CPF

Is there a limit to how much I can put in SA of my CPF account?

If I intend to adopt the 1M65 route, with 130k in both SA & MA, what should be the split?

Discussion (3)

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Elijah Lee

19 Nov 2019

Senior Financial Services Manager at Phillip Securities (Jurong East)

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.

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)

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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