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MediSave



QIs there a maximum amount that I can save in my MediSave Account?
A

For CPF members aged below 65 in 2020 

If you have not turned age 65, you can save up to the prevailing Basic Healthcare Sum (BHS) in your MediSave Account. The prevailing BHS in 2020 is $60,000, and it will be adjusted yearly to account for increasing life expectancy and healthcare costs until the year you turn age 65.
 
For CPF members who turn 65 in 2020
 
The BHS applicable to you is $60,000 and it will remained fixed for the rest of your life.
 
The following table summarises the BHS for respective cohorts aged 65 and above in 2020:

Age in 2020

Year when cohort turned age 65

Cohort BHS

(fixed for life)

65

2020

$60,000

66

2019

$57,200

67

2018

$54,500

68

2017

$52,000

69 and above

2016 or earlier

$49,800





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