How much CPF do u have?

Originally Posted by Unregistered

Hi asking all the expert here, what is exactly the max cpf we can top up for tax reduction? What if CPF contribution is already at the 37k yearly limit, does that mean I can’t top up cpf and won’t get any tax benefit?

You can still do a retirement sum topup (RSTU, topup directly into SA) and get up for a $7k tax deduction as long as you haven't hit FRS on your SA.

[Nam3le55]

Male 30 this year
Gross Salary 3k from 2019, 2.5k+- from 2013
OA 65k + 20k Investment (AIA)
SA 25k
MA 34k

[dwog1]

Started work at 26. 31 this year. CPF summary as attached

47 yrs old
OA: 198K [+ another 292K in property]
SA: 242K
MA: 63K

Originally Posted by Unregistered

47 yrs old
OA: 198K [+ another 292K in property]
SA: 242K
MA: 63K

Nobody cares about Boomers

Originally Posted by Unregistered

Nobody cares about Boomers

To be specific - Gen X for that category..

Originally Posted by dwog1

Started work at 26. 31 this year. CPF summary as attached

How come you start work so late?

You took masters or a gap year?

Originally Posted by Unregistered

To be specific - Gen X for that category..

s://.theidentitytb.com/article/millennial-gen-z-influencer-slang-handbook

Ignore the actual definition, some kids these days can refer to anyone over 28 as a boomer. It’s like a slang or their code.

Originally Posted by Unregistered

47 yrs old
OA: 198K [+ another 292K in property]
SA: 242K
MA: 63K

You’re rich. What’s your net worth including your HDB flat?

Happy new year 2022 everyone!

Just log in and checked CPF website. Collected total $45k CPF interest from government for last year balance. Feels shiok.