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Can I transfer my cash top-up to MediSave Account for Matched MediSave Scheme to be used for Matched Retirement Savings Scheme instead?
Cash top-ups to MediSave Account made for the Matched MediSave Scheme (MMSS) cannot be transferred to Matched Retirement Savings Scheme (MRSS) as the top-ups are irreversible. If you prefer to receive matching grants for retirement savings, you may consider making cash top-ups via this link for MRSS instead.
If you qualify for both MMSS and MRSS, but have limited funds to top up, you may refer to this FAQ for useful pointers.
This information is sourced from CPF.
Related questions
How does the Matched MediSave Scheme work?
I am eligible for both the Matched Retirement Savings Scheme and Matched MediSave Scheme but I have limited funds. Should I top up the Retirement / Special Account or MediSave Account?
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I am eligible for both the Matched Retirement Savings Scheme and Matched MediSave Scheme. Can I participate in both schemes to receive the maximum Government grants?
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How are the matching grants and tax relief determined for my cash top-ups made to a recipient eligible for the Matched MediSave Scheme?
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