You can apply to limit your MediSave payable if your total income from employment (excluding Additional Wages) or platform work for the year exceeds the maximum total annual income.
 

Additional Wages are wage supplements which are not granted wholly and exclusively for the month. Examples are the annual bonus, leave pay, incentive and other payments made at intervals of more than a month.

 

Please refer to the table below for the total income from employment (excluding Additional Wages) or platform work that qualifies you to limit your MediSave contributions as a self-employed person.

 

Year	Maximum Total Annual Income (excluding Additional Wages)
2022	$72,000
2023	$73,200
2024	$81,600
2025	$88,800
2026 onwards	$96,000

 

Income earned from platform work in 2025 will only be taken into consideration for applications to limit MediSave payable by self-employed persons made from 1 January 2026 onwards.

 

If you are a platform worker concurrently working as an employee, you can refer to this FAQ on refunding your share of excess CPF contributions (if any).

 

To limit your MediSave payable as a self-employed person, you may write to us and we will assess your request.