Am I eligible for tax reliefs when I make a cash top-up to my/my loved ones' retirement savings?
You can enjoy tax relief if you are a Singapore Citizen or Permanent Resident and make cash top-ups* within the current year’s Full Retirement Sum for yourself, your loved ones, employees or platform workers.
 
 
 
*From 1 January 2025, givers of cash top-ups that attract the matching grant (up to $2,000 per year) under the Matched Retirement Savings Scheme (MRSS) will no longer receive tax relief. Find out more on how this works.

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