Would you top-up your CPF MA account to BHS first or invest to an amount to receive dividend monthly?

Cash up Top up your Medisave to 2023 CPF Basic Healthcare Sun SGD68,500/- first

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Individual yearly tax relief is up to SGD8,000/-

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Any future Medisave contributions will than go to your: Special Account 55 years younger, Returement Account 55 years older

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SGD68,500/- yearly 4% guarantee interest is SGD2,740 this can auto cover yearly Medishield deduction or yearly CareShield deduction for example

Do both.

(1) Top up CPF MA until BHS. Please note that BHS is increasing every year. Link: https://www.cpf.gov.sg/member/faq/retirement-in...

(2) Depending on your age group and risk appetite allocate certain % to REITS investing to collect passive income (Dividends) and index investing (capital growth). Can do both (passive and active) at the same time - put more % in passive investing if you are more risk adverse/higher age group and vice vera.

Depends on how much u can earn with your investment. if you are not confident of earning higher than 4% MA/SA, then top up in CPF.

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Of couse do take note that u have enough cash for emergency because CPF money cannot touch until 55.

Learnt it too late. Do both. Topping up MA to max ASAP first. So that your SA will grow faster. That way you straight away pay lesser income tax. use your bonus/13 month just dump it in.

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monthly DCA into qqqm/cspx. i do not see a reason why investing and topping up CPF is mutually exclusive

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