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Should you top-up your child's CPF?

5.0K viewsΒ· 67 likesΒ· 10:25Β· Jun 21, 2025

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🐬 uSMART Code nya5ae https://hmsg.link/usmart Get Welcome Rewards worth up to USD 202! *T&Cs apply, for a limited time only. πŸ”­ Telegram Group: https://t.me/HoneyMoneySG πŸ“· Instagram @HoneyMoneySG https://www.instagram.com/honeymoneysg 🌟 My referral codes: https://t.me/sgpromocode πŸ“™ Advanced Credit Card Mastery Course: https://hmsg.link/accm β˜•οΈ Buy my Spreadsheets at Ko-Fi: https://hmsg.link/shop 🎡 TikTok https://www.tiktok.com/@honeymoneysg πŸ“§ Email (Business only): sghoneymoney@gmail.com πŸ•ΈοΈ My Website: https://www.honeymoneysg.com 🏦 CREDIT CARDS πŸ’³ πŸ”— https://hmsg.link/creditcard πŸ“ˆ INVESTING & TRADING PLATFORMS πŸ“ˆ πŸ”— https://hmsg.link/investing πŸ’³ MULTI-CURRENCY CARD/WALLET πŸ‘› πŸ”— https://hmsg.link/multi πŸ’° PAYMENT APPS πŸ’° πŸ”— https://hmsg.link/pay 🏦 FINANCIAL APPS 🏦 πŸ”— https://hmsg.link/finance πŸ’Ό BUSINESS πŸ’Ό πŸ”— https://hmsg.link/business ✈️ TRAVEL ✈️ πŸ”— https://hmsg.link/travel πŸ›‘οΈ Travel Insurance offers πŸ›‘οΈ πŸ”— https://hmsg.link/travelinsurance πŸ› LIFESTYLE πŸ› πŸ”— https://hmsg.link/lifestyle πŸ‘¨πŸ»β€πŸ’» PROFESSIONAL SERVICES πŸ‘¨πŸ»β€πŸ’» πŸ”— https://hmsg.link/services πŸŽ₯ FILMING & SOFTWARE πŸŽ₯ πŸ”— https://hmsg.link/film Camera: DJI Osmo Pocket 3 https://hmsg.link/djiop3 Sony ZV-E10 https://s.shopee.sg/2VbQHoAp2V Shotgun Mic - Rode VideoMic NTG https://s.shopee.sg/703peCZLFf Wireless Mic - Rode Wireless Go II https://s.shopee.sg/VqLuUMkSR Tripod: Samurai DX999 https://s.shopee.sg/7ANc6ZQFPX Disclaimer: The information provided in any affiliate referral or recommendation should not be considered as financial advice. The content is for general information purposes only and does not take into account your personal financial situation, goals or objectives. You should always do your own research and seek professional advice before making any financial decisions. We may receive compensation for affiliate referrals, but this does not influence our recommendations or reviews. _________________________________ Thinking of topping up your parents’ or spouse’s CPF? Hold on β€” not all top-ups are equal, and some may not even qualify for tax relief! In this video, I break down exactly who you should top up (and who you shouldn’t), why it matters for tax savings and retirement planning, and what the CPF rules are for 2025. 🎯 Whether you're aiming for tax relief or helping your loved ones secure higher CPF LIFE payouts, this video covers everything you need to know before making a CPF cash top-up. πŸ‘₯ Eligible Family Groups for CPF Top-Up Relief: Upwards: Parents, grandparents (in-laws, step, adoptive), spouse/siblings with disabilities βœ… Best for tax relief Sideways: Spouse, siblings (step/adoptive) β€” only if income is less than $8,000 Downwards: Children ❌ No tax relief πŸ’Έ Key Benefits of Topping Up: Tax Relief β€” Up to $8,000/year Only cash top-ups count MRSS top-ups not eligible from 2025 FRS cap: $213,000 | BHS cap: $75,500 Support Retirement Goals β€” Boost CPF LIFE payouts, especially for elderly parents Risk-Free Returns β€” 4%+ p.a. interest in SA/RA, with bonus interest for seniors πŸ“Œ My Take: Prioritise yourself, then parents, then kids. CPF top-ups are more useful for those nearing or in retirement. For kids, good financial habits matter more than extra CPF money. #SponsoredBy #uSMART

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