CPF Medisave Limit (Basic Healthcare Sum) Where does the excess contribution go to? - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > CPF (Central Provident Fund)

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?

Reply
 
Thread Tools
  #1 (permalink)  
Old 18-06-2020, 12:26 AM
Administrator
 
Join Date: Jun 2009
Posts: 282
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/

Reply With Quote
Reply

Bookmarks

Tags
cpf, limit, medisave, retirement

« Previous Thread | Next Thread »
Thread Tools

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


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
Work culture in IHiS ( 1 2 3... Last Page)
752 Replies, 586,692 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,413 Replies, 1,225,981 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,288 Replies, 1,162,611 Views
Career as Teacher ( 1 2 3... Last Page)
11,705 Replies, 7,142,058 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,386 Replies, 3,965,454 Views
Compare civil service salary ( 1 2 3... Last Page)
16,504 Replies, 12,900,512 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
929 Replies, 448,644 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
18,072 Replies, 5,461,948 Views
Working in SMRT ( 1 2 3... Last Page)
46 Replies, 63,204 Views
Lawyer Salary ( 1 2 3... Last Page)
21,396 Replies, 10,788,809 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,547 Replies, 3,614,564 Views
Roles in accenture singapore ( 1 2 3... Last Page)
8,092 Replies, 2,552,712 Views
Civil Servant Bonus Mid-2024
2 Replies, 529 Views
ST Electronics ( 1 2 3... Last Page)
3,928 Replies, 1,658,246 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,398 Replies, 931,008 Views
Health Promotion Board ( 1 2)
10 Replies, 12,047 Views
A*Star (Agency for Science,... ( 1 2 3... Last Page)
45 Replies, 110,058 Views
Civil Servant Bonus Mid-2023 ( 1 2 3... Last Page)
279 Replies, 211,438 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
876 Replies, 468,481 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,475 Replies, 4,982,036 Views
PMO (Prime Minister's Office... ( 1 2 3)
24 Replies, 8,169 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
353 Replies, 401,209 Views
GIC offer ( 1 2)
18 Replies, 947 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
833 Replies, 477,257 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,944 Replies, 2,989,392 Views
Nparks ( 1 2 3... Last Page)
42 Replies, 38,183 Views
GovTech ( 1 2 3... Last Page)
6,594 Replies, 2,566,871 Views
ITE (lecturer) ( 1 2 3... Last Page)
283 Replies, 406,777 Views
DBS Bank career advancement,... ( 1 2 3... Last Page)
138 Replies, 311,824 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:53 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2