Do I have to top up my MediSave Account to the Basic Healthcare Sum if I withdraw my CPF savings from age 55?

Question

Accepted Answer

You do not have to top up your MediSave Account when you withdraw your CPF savings from age 55. The Basic Healthcare Sum (BHS) is the estimated savings you need in your MediSave Account for your basic subsidised healthcare needs in old age. It is the maximum amount you can have in your MediSave Account.

Do I have to top up my MediSave Account to the Basic Healthcare Sum if I withdraw my CPF savings from age 55?

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