If I do not have my cohort’s Basic Healthcare Sum when I reach my Payout Eligibility Age and I intend to start receiving my retirement payouts, do I need to top up my MediSave Account?
You will not need to top up your MediSave Account to the Basic Healthcare Sum to receive your retirement payouts. The Basic Healthcare Sum 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.
This information is sourced from CPF
Related questions
Do I have to top up my MediSave Account to the Basic Healthcare Sum if I withdraw my CPF savings from age 55?
What happens if I do not have the Basic Healthcare Sum when I turn age 65?
If I am 66 years old in 2025 and my applicable Basic Healthcare Sum (BHS) is $71,500. Am I allowed to maintain more than my applicable BHS in my MediSave Account?
What happens to the additional MediSave contribution if my employee has reached the Basic Healthcare Sum (BHS)?
Need more help?
Get in touch