Special account in cpf

What if already reached the Full Retirement Sum? Still can get tax relief?

Now I am assuming in writing this that you have personal income relief of 1k and a combination of other reliefs that forces you down a bracket since you are close to the 160k bracket.

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Topping up 5k to SA means you save realistically 15% x 5k which is $750.

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Now for if your reliefs before contribution are numerous (=50k), it would be 11.5% x 5k, which is $575. CPF mandatory contributions won't be enough to reach this balance, so you need other sources.

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I won't discuss the bracket above 160k due to CPF and earned income relief.

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Without knowing more on your current life situation, I won't be able to say though.

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