From 2025, how are the matching grants and tax relief determined for my cash top-ups made to my loved ones eligible for the Matched Retirement Savings Scheme?
The first $2,000 of your cash top-ups to a Matched Retirement Saving Scheme (MRSS)-eligible loved one will be matched by the Government (up to $2,000 a year).
  
 Cash top-ups that qualify for the MRSS matching grant will not qualify for tax relief.
  
 Any cash top-ups above $2,000 will qualify for tax relief, subject to the conditions for tax relief. You can top up more to enjoy tax relief of up to $16,000 a year.
  
 Example
 If you top up $3,000 to your MRSS-eligible parent in 2025:
 
First $2,000->  qualifies for Government matching grant (no tax relief).
Next $1,000 -> qualifies for tax relief.
 
 For more detailed examples on how tax relief is computed, see How is tax relief computed for my cash top-ups to Special Account/Retirement Account?

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