MediSave Account savings above the Basic Healthcare Sum (BHS) will be channelled to your CPF Special Account (SA) or Retirement Account (RA), depending on your age. The BHS cap and overflow arrangement are designed to prevent over saving in a CPF member’s MediSave Account and to supplement the member’s retirement savings, which can be withdrawn according to the CPF withdrawal rules.

 

MediSave Account savings above the BHS will be channelled to the Ordinary Account (OA) if you are:

• below 55 years old and have met the current Full Retirement Sum (FRS, consisting of SA balance and any active CPFIS-SA investments) in your SA; or
• 55 years old and above and have set aside your FRS (can be fully in cash or with a mixture of property and cash) in your RA

Savings in the OA can be used for other purposes such as housing repayment or withdrawn depending on whether withdrawal requirements are met.