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Can I enjoy tax relief for topping up my MediSave Account to pay my MediShield Life, CareShield Life and ElderShield premiums?
Top-ups to MediSave Account to pay MediShield Life, CareShield Life and ElderShield premiums are considered voluntary contributions.
Eligible members will enjoy tax relief for these top-ups. You can refer to the IRAS website for details on the eligibility criteria and amount of tax relief for voluntary MediSave contributions.
This information is sourced from CPF.
Related questions
How can I top up to myself, my children or my loved ones' MediSave Account?
How do I top up my MediSave for MediShield Life, CareShield Life and ElderShield premiums, and how can I check if it has been successfully processed?
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If there are insufficient funds in my MediSave Account, can I use my Ordinary Account/Special Account monies to pay for my MediShield Life, CareShield Life or ElderShield premiums?
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