Scheduled Maintenance: CPF digital services will not be available on 4 June 2023 from 12am to 8am.

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When will the changes in tax relief cap come into effect?

The new tax relief cap will apply to cash top-ups made on or after 1 January 2022 to your retirement savings and MediSave Account.

Currently, only cash top-ups to the Special/Retirement Account up to the current Full Retirement Sum are eligible for tax relief. The changes related to cash top-ups to MediSave Account do not apply to MediSave contributions made in the capacity of a self-employed person (SEP). If you would like to make MediSave contributions in the capacity of a SEP, visit the Self-Employed Scheme page for more information on topping up your MediSave Account.