The Medisave Minimum Sum is the amount a member needs to retain in his Medisave Account whenever he withdraws his CPF savings (e.g. at 55, 56, etc). The Medisave Minimum Sum will ensure that you set aside enough savings to meet your future healthcare expenses.
If you wish to withdraw your Medisave at 55, you need to set aside the Medisave Minimum Sum before you are allowed to withdraw the balance. The Medisave Minimum Sum from 1 July 2011 is $36,000 and is adjusted every July of the year.
Sourcing for an insurance quotation can be tedious and time consuming; the claim process can become pro-longed and complicated. We provide one stop services for you to handle these and offer the most competitive quotation.
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Last Updated on Monday, 22 August 2011 11:41
