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How much MediSave do I need to contribute as a self-employed person?

All self-employed persons (SEPs) who are Singapore Citizens or Permanent Residents and earn an annual net trade income (NTI) of more than $6,000 need to contribute to MediSave.

NTI is your gross trade income minus all allowable business expenses, capital allowances and trade losses as determined by the Inland Revenue Authority of Singapore (IRAS).

Your MediSave contribution depends on your age and annual NTI. Use the Self-Employed MediSave Contribution Calculator to calculate the amount of MediSave to contribute or refer to the MediSave contribution rates for self-employed persons.