Any savings in your MediSave Account (MA) 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are designed to prevent excessive saving in your MA while helping to supplement your retirement savings, which can be withdrawn according to the CPF withdrawal rules.

 

If your MA savings exceed the BHS, the excess will be channelled to your Ordinary Account (OA) if you are:

• Below 55 years old and have met the current Full Retirement Sum (FRS) (consisting of your SA balance and any active CPFIS-SA investments) in your SA; or
• 55 years old or older and have set aside your FRS (which can be entirely in cash or a combination of property and cash) in your RA.

Savings in the OA can be used for other purposes, such as housing repayment or withdrawn if you meet the withdrawal requirements.