mardi 28 février 2017

[question][cpf] transfer 7k from OA to SA every year

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[question][cpf] transfer 7k from OA to SA every year
Old Today, 09:48 AM   #1

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[question][cpf] transfer 7k from OA to SA every year


some time back saw a thread saying this is 1 of the many ways you can help yourself increase your retirement sum (since SA got higher interest than OA) and also get tax relief along the way...

so i jus chance upon this IRAS page since it's the season for our tax payment liao...

http://ift.tt/2lmBA2i

The tax relief is only for cash top-ups. The relief does not apply when the top-up is carried out by transferring funds from your own CPF Account to your own or a family member's Special/Retirement Account.
so transfer from OA to SA wont get u the tax relief? u need to use ur cold hard cash to top up?
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