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I do not have outstanding MediSave payable as a self-employed person. Can I make MediSave contributions to offset my future payables?

Updated by CPF
You may make MediSave contributions to offset your future payables, up to the prevailing CPF Annual Limit, via the Manage your MediSave payable form.

The total CPF contributions (voluntary and mandatory CPF contributions) made for the calendar year should not exceed the prevailing CPF Annual Limit. Any contributions made in excess of the CPF Annual Limit will be refunded without interest.

You can enjoy tax relief on your MediSave contributions, if eligible.

This information is sourced from CPF.

Topics:

Growing Your SavingsSelf-Employed Scheme

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