in
I develop severe disability. Can I withdraw up to $200/month each from my own MediSave and another $200/month from my spouse’s MediSave (i.e. withdrawing a total of $400/month) under MediSave Care?
moh
If you are eligible to apply for MediSave Care, you can only withdraw up to a combined total of $200 per month from your MediSave and/or your spouse’s MediSave.
Example
1. Husband applies to withdraw $200 monthly from his own MediSave. That is the total maximum withdrawal limit allowed from his and his spouse’s MediSave.
2. If the husband has $12,000 in his MediSave, he is eligible to withdraw $100 monthly from his own MediSave. If his wife’s MediSave balance is at least $10,000, he can apply to withdraw an additional $100 monthly from his wife’s MediSave. The total monthly MediSave Care withdrawal from his and his spouse’s MediSave add up to a maximum of $200.
MediSave Balances and corresponding Monthly Withdrawal Quantum
| MediSave Balance | Monthly Withdrawal Quantum |
|---|---|
| $20,000 and above | $200 |
| $15,000 and above | $150 |
| $10,000 and above | $100 |
| $5,000 and above | $50 |
| Below $5,000 | NIL ($0) |
This information provided here is sourced from the MOH website.
Related Questions
What is MediSave Care (also known as MediSave Withdrawals for Long-Term Care)?
from MOHWill my MediSave Care withdrawal limit automatically change as and when my MediSave balance changes?
from MOHI am severely disabled. Can I withdraw up to $200/month each from my own MediSave and another $200/month from my spouse’s MediSave account?
from AIC
Will my MediSave Care withdrawal limit automatically change as and when my MediSave balance changes?
from CPF
Can’t find what you’re looking for?