Salary.sg Forums - View Single Post - CPF Medisave Limit (Basic Healthcare Sum) – Where does the excess contribution go to?
View Single Post
  #1 (permalink)  
Old 18-06-2020, 12:26 AM
admin admin is offline
Administrator
 
Join Date: Jun 2009
Posts: 281
admin has disabled reputation
Default CPF Medisave Limit (Basic Healthcare Sum) – Where does the excess contribution go to?

John has $207k in his CPF Special Account and $60k in his Medisave Account (MA). He was born in 1980 and earns $5k a month. His employer and his own combined CPF contribution to his MA account is supposed to be $449.92. But because of some rules, the $449.92 was credited to his Ordinary Account account instead.

Read about the rules here:
https://www.salary.sg/2020/cpf-medis...-excess-go-to/



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote