Am I eligible for tax reliefs when I make a cash top-up to my/my loved ones' retirement savings?

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You can enjoy tax relief if you are a Singapore Citizen or Permanent Resident and make cash top-ups^* within the current year’s Full Retirement Sum for yourself, your loved ones, employees or platform workers.

Find out more about the amount of tax relief you can enjoy.

Find out more on the conditions to qualify for tax relief.

^*From 1 January 2025, givers of cash top-ups that attract the matching grant (up to $2,000 per year) under the Matched Retirement Savings Scheme (MRSS) will no longer receive tax relief. Find out more on how this works.

Am I eligible for tax reliefs when I make a cash top-up to my/my loved ones' retirement savings?

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Related questions

From 2025, how are the matching grants and tax relief determined for my cash top-ups made to my loved ones eligible for the Matched Retirement Savings Scheme?

How is tax relief computed for my cash top-ups to Special Account/Retirement Account?

Do I enjoy tax relief for cash top-ups made to persons with disabilities?

Why is tax relief removed for cash top-ups that attract matching grant under the Matched Retirement Savings Scheme from 2025?

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