Anonymous

11 Jun 2020

∙

If my CPF SA account is already at FRS ($181k), can i deploy or invest some money from SA account so that the SA sum is below FRS amount and then top up $7k cash to qualify for tax exemption?

If my CPF SA account is already at FRS ($181k)

Can i invest some money from SA account so that the SA sum is below FRS amount and top up $7k cash to qualify for tax exemption?

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Hariz Arthur Maloy

11 Jun 2020

Independent Financial Advisor at Promiseland Independent

Hi Anon, no you cannot. The FRS cap for top ups is inclusive of amount used for investment. So you cannot do an RSTU after FRS is met.

Consider SRS instead of you're still planning to save some money on tax.

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CPF top up to Special Account - After hitting the SA limit, can I invest using SA such that I do not meet the limit and top up SA with cash for tax relief? After top up, I liquidate back to SA.

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