- What should I know about topping up my retirement savings?
- Why should I top up my retirement savings?
- How will the top-ups to my retirement savings be used?
- Can I top up using cash or CPF transfers?
- Who can I make top-ups to?
- Who can I receive top-ups from?
- Who are considered my loved ones?
- Is there a minimum or maximum age for making or receiving top-ups?
- Can I still receive top-ups if I have started my monthly retirement payouts?
- What are the differences between topping up my retirement savings, making a Voluntary Housing Refund and topping up my MediSave Account?
- I have received a notification on topping up my and/or my loved ones’ retirement savings. How do I know that this notification is indeed sent by CPF Board?
- When is the best time to top up to grow my savings?
- When will the top-ups received in my CPF Special/Retirement Account start to earn interest?
- If I am 55 and would like to make a CPF transfer, in what order will my savings be transferred?
- I am 55, can I transfer my Ordinary Account savings to my Special Account to earn a higher interest rate?
- Why am I not allowed to transfer my CPF savings to my children?
- Why am I not allowed to do a CPF transfer to my extended family members (e.g. uncles/aunts/cousins)?
- If I wish to make both a CPF transfer and a cash top-up to myself / my loved one, which should I do first?
- How can I check my top-up limits?
- What is the maximum amount of top-ups I can receive?
- Why am I not able to top up my Special/Retirement Account beyond the current Full Retirement Sum (FRS) (below 55) or Enhanced Retirement Sum (ERS) (55 or above)?
- How much CPF savings can I transfer to myself or my loved ones?
- Is there a limit to the number of top-ups I can make or receive in a year?
- Am I eligible for tax reliefs when I make a cash top-up to my/my loved ones’ retirement savings?
- How much tax relief can I enjoy when I make cash top-ups?
- What are the conditions for me to enjoy tax relief?
- Why is there a combined tax relief cap for top-ups to the Special Account/Retirement Account and MediSave Account from 1 January 2022?
- When should I submit my top-up application if I want to be eligible for tax relief in the next assessment year?
- What actions do I need to take to file and claim tax relief for my cash top-up?
- What is the personal income tax relief cap and why is there a cap on this relief for cash top-ups made?
- How can I find out if I have reached the personal income tax relief cap?
- Why is there no tax relief for top-ups made to my children or non-immediate family?
- Why are CPF transfers not eligible for tax relief?
- How do I apply to make a top-up?
- How long does it take to process my top-up application?
- When should I submit my application for my top-up to be processed within the same month?
- What is the fastest way to make a cash top-up?
- How can I apply for internet or mobile banking?
- How can I increase my internet or mobile banking transfer limit?
- What supporting documents will I need if I’m making a first-time CPF transfer to my loved ones?
- How can I make cash top-ups to my child’s CPF retirement savings?
- My child is below 16 years old. How do I transfer his Ordinary Account savings to his Special Account on his behalf?
- I am making a top-up to myself from overseas. How can I set up a Singpass account if I do not have a mobile phone number registered in Singapore?
- What is PayNow QR?
- What are the benefits of making top-ups via the PayNow QR?
- How do I make a top-up via PayNow QR?
- What is the maximum amount I can top up via PayNow QR?
- How long will it take for my top-up to be credited via PayNow QR?
- What if my banking app is unable to scan the PayNow QR for my top-up application?
- What happens if I scan the generated PayNow QR code multiple times?
- I have made a PayNow QR payment but I am not able to see an immediate update to my CPF balance(s). Why is my CPF account balance(s) not updated immediately?
- How can I make regular monthly or yearly top-ups conveniently via GIRO?
- How can I revise or stop my GIRO arrangement for my top-up application?
- Can I set up more than one GIRO arrangement to make regular top-ups?
- Why are there no deductions from my bank account for my top-up even though I have set up a GIRO arrangement online?
- I made top-ups to my Special Account before turning 55. What will happen to the top-ups when I turn 55?
- Can I withdraw the top-up monies if I have the Full Retirement Sum, or the Basic Retirement Sum if I own a property?
- How will my monthly payouts change after topping up?
- Can I reverse my top-up?
- Will my cash top-ups or CPF transfers be refunded to me if the recipient passes away?
- What happens to my unused CPF transfers and cash top-ups to my recipient upon his demise or if he closes his CPF account upon leaving Singapore?
- How does CPF Board guard against premeditated early CPF withdrawals?
- Why was the cash top-up to my / my loved one’s Special or Retirement Account refunded or partially refunded?
- What is the increase in tax relief income threshold in 2024?
- I made a cash top-up to my spouse/sibling between 1 January 2024 and 16 February 2024 and instructed that I did not wish to claim tax relief. With the increase in income threshold from $4,000 to $8,000, how can I amend my instruction to claim tax relief?
- I have set up a GIRO arrangement to make top-ups to my spouse or sibling before 16 February 2024. With the increase in income threshold from $4,000 to $8,000, how can I amend my instructions for the GIRO arrangement to claim tax relief?
- I cannot remember if I had instructed that I want/ don’t want to claim tax relief for my cash top-ups to my spouse or sibling in my application. How can I check?
- What is the change to the Enhanced Retirement Sum in 2025?
- How much CPF monthly payout can I receive if I top up to the raised Enhanced Retirement Sum in 2025?
- How can I check the amount that I can top up to my Retirement Account to reach the raised Enhanced Retirement Sum in 2025?
- With the raising of the Enhanced Retirement Sum (ERS), does the Government plan to also raise the Basic Retirement Sum (BRS) and Full Retirement Sum (FRS)?
- With the closure of the Special Account and the raising of the Enhanced Retirement Sum, how much is the maximum amount that I can have in my Retirement Account?
- How does the closure of my Special Account affect the amount of tax relief that I can earn when I top up my Retirement Account in cash?
- Can I have the option to top up more than the raised Enhanced Retirement Sum (ERS)?
- I am age 55 and above. How will the closure of Special Account (SA) affect my eligibility to voluntarily transfer my CPF savings to top up my own/loved ones’ retirement savings?