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If I wish to make both a CPF transfer and a cash top-up to myself / my loved one, which should I do first?
If you wish to enjoy tax relief on your cash top-up to help you or your loved one up to the Full Retirement Sum, please make the cash top-up first, before the CPF transfer. If you prefer using your CPF savings over cash, please make the CPF transfer first.
You may wish to take note that only cash top-ups to self and loved ones within the Full Retirement Sum can enjoy tax relief. Learn more about tax relief.
This information is sourced from CPF.
Related questions
What are the conditions for me to enjoy tax relief to Special Account or Retirement Account?
Am I eligible for tax reliefs when I make a cash top-up to my/my loved ones' retirement savings?
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How much tax relief can I enjoy when I make cash top-ups?
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Why are CPF transfers not eligible for tax relief?
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