Why are CPF transfers not eligible for tax relief?

Updated by CPF 6mo ago

CPF contributions are tax-deductible. Therefore, when they are transferred from one CPF account to another, they will not enjoy tax benefits.

Consider topping up using cash to enjoy tax relief while boosting your retirement payouts. Find out the conditions to enjoy tax relief.

This information is sourced from CPF.

Topics:

Growing Your Savings Retirement Sum Topping-Up Scheme

Related questions

What are the conditions for me to enjoy tax relief to Special Account or Retirement Account?

Updated 6mo ago

Why are cash top-ups beyond Full Retirement Sum not eligible for tax relief?

Can I top up using cash or CPF transfers?

If I wish to make both a CPF transfer and a cash top-up to myself / my loved one, which should I do first?

Need more help?

Describe your issues to us.