		Salary.sg Forums > The Salary.sg Discussion Forums: > CPF (Central Provident Fund)
CPF Medisave Limit (Basic Healthcare Sum) – Where does the excess contribution go to?

CPF (Central Provident Fund) All about OA, SA, MA and RA, and strategies to optimize your CPF

CPF Medisave Limit (Basic Healthcare Sum) – Where does the excess contribution go to?

Thread Tools

#1 (permalink)

18-06-2020, 12:26 AM

admin

Administrator

Join Date: Jun 2009

Posts: 281

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/

Bookmarks

Tags

cpf, limit, medisave, retirement

« Previous Thread | Next Thread »

Posting Rules
You may not post new threads You may post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are Off Pingbacks are On Refbacks are Off Forum Rules

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
CPF asks me to contribute Medisave even though my company makes $0?	Nik	CPF (Central Provident Fund)	4	17-06-2022 02:14 PM
Do you have free time or want to earn extra? Free yourself from income limit!	dotdottribe	Marketplace and Find Work	0	12-02-2012 01:32 AM
Employer CPF contribution now at 14.5%	Salary.sg	Investments and Net Worth	0	05-07-2007 12:59 PM
Medisave Contribution Ceiling now $33,500	Salary.sg	Investments and Net Worth	0	16-06-2007 11:43 PM
Medisave Contribution Ceiling	Salary.sg	Investments and Net Worth	0	13-06-2006 03:14 AM

» 30 Recent Threads
DSTA (under Mindef) ( 1 2 3... Last Page) 1,505 Replies, 1,403,564 Views
GovTech ( 1 2 3... Last Page) 5,825 Replies, 2,306,216 Views
Career as Teacher ( 1 2 3... Last Page) 11,208 Replies, 6,850,014 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page) 16,077 Replies, 5,110,860 Views
How is life as a doctor in... ( 1 2 3... Last Page) 7,351 Replies, 3,465,955 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page) 745 Replies, 415,688 Views
Roles in accenture singapore ( 1 2 3... Last Page) 7,684 Replies, 2,392,999 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page) 1,825 Replies, 1,448,537 Views
Lawyer Salary ( 1 2 3... Last Page) 21,159 Replies, 10,474,121 Views
Ex-MOE Teachers ( 1 2 3... Last Page) 419 Replies, 502,378 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page) 6,161 Replies, 3,806,541 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page) 1,350 Replies, 1,167,437 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page) 2,037 Replies, 1,088,710 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page) 5,902 Replies, 4,731,524 Views
IMDA (under MCI) ( 1 2 3... Last Page) 1,284 Replies, 639,281 Views
Compare civil service salary ( 1 2 3... Last Page) 16,441 Replies, 12,603,901 Views
Julius Baer Graduate Program 2023 ( 1 2 3... Last Page) 31 Replies, 16,962 Views
DBS tech seed programme ( 1 2 3... Last Page) 3,768 Replies, 1,519,227 Views
ST Electronics ( 1 2 3... Last Page) 3,811 Replies, 1,579,976 Views
UOB Management Associate Program ( 1 2 3... Last Page) 1,489 Replies, 806,898 Views
Maritime and Port Authority of... ( 1 2 3) 20 Replies, 20,218 Views
HTX (Home Team Science and... ( 1 2 3... Last Page) 825 Replies, 389,926 Views
NUS (National University of... ( 1 2 3... Last Page) 323 Replies, 328,227 Views
DBS ACE Programme ( 1 2 3... Last Page) 163 Replies, 83,263 Views
Shopee fresh grad pay ( 1 2 3... Last Page) 1,057 Replies, 452,473 Views
ITE (lecturer) ( 1 2 3... Last Page) 279 Replies, 393,562 Views
Any Ministry or Statboard still... ( 1 2) 12 Replies, 12,673 Views
Work culture in CPF board ( 1 2 3... Last Page) 34 Replies, 78,049 Views
Work culture in IHiS ( 1 2 3... Last Page) 722 Replies, 554,863 Views
Private Banking Salaries ( 1 2 3... Last Page) 83 Replies, 139,261 Views

All times are GMT +8. The time now is 12:41 AM.