wah medisave contribution ceiling raise again to 63K.....

[micromachine]

5.The current Medisave contribution ceiling stands at 63,000 SGD. Whilst filing tax returns next year, ie 2022, tax reliefs can be claimed for current contributions.

https://www.domainofexperts.com/2021/08/how-much-does-tutor-need-contribute-to.html

 

[bobby]

With compulsory Medishield why we still need a Medisave account for hospitiliastion ?

Make more sense to use the balances in the Medisave account to pay for private health care insurance.

 

[micromachine]

I dont think we can do that, can we?