To receive the matching grant under the Matched MediSave Scheme (MMSS), simply make a cash top-up to your MediSave Account (MA) by 31 Dec of the year of eligibility.
You can top up any amount using PayNow. Top-ups can be made by anyone, including yourself or your loved ones.
|
Your cash top-up
|
Matching grant from the Government (following year)
|
Total increase in your healthcare savings
|
|
$2,000 in a lump sum
|
Capped at $1,000
|
$3,000 ($2,000 + $1,000)
|
|
$100 monthly for 6 months = $600
|
$600
|
$1,200 ($600 + $600)
|
The matching grant will be credited to your MA at the beginning of the following year. Top-ups that attract MMSS matching grant will not qualify for tax relief.
For more information on how to make a cash top-up to MediSave Account, you may refer to this
FAQ.
