cpf
16
A Singapore Government Agency Website
Back to home
Updated by CPF
Contact us
What do I need to do to receive the matching grant under the Matched MediSave Scheme?
To receive the matching grant under the Matched MediSave Scheme (MMSS), simply make a cash top-up to your MediSave Account (MA) by 31 Dec of the year of eligibility.
You can top up any amount using PayNow. Top-ups can be made by anyone, including yourself or your loved ones.
|
Your cash top-up |
Matching grant from the Government (following year) |
Total increase in your healthcare savings |
|
$2,000 in a lump sum |
Capped at $1,000 |
$3,000 ($2,000 + $1,000) |
|
$100 monthly for 6 months = $600 |
$600 |
$1,200 ($600 + $600) |
The matching grant will be credited to your MA at the beginning of the following year. Top-ups that attract MMSS matching grant will not qualify for tax relief.
For more information on how to make a cash top-up to MediSave Account, you may refer to this FAQ.
This information is sourced from CPF.
Related questions
How does the Matched MediSave Scheme work?
What are the benefits of the Matched MediSave Scheme?
cpf
1
1
Do I have to top up in a lump sum to be eligible for the matching grant under the Matched MediSave Scheme?
cpf
Will I still receive the matching grant under the Matched MediSave Scheme if my healthcare savings exceed 50% of the current Basic Healthcare Sum after topping up?
cpf
Need more help?
Describe your issues to us.
