The Medisave Minimum Sum is the amount you need to retain in your Medisave Account whenever you make a withdrawal of CPF savings (e.g. at age 55, 56, etc). The Medisave Minimum Sum will ensure that you set aside enough savings to meet your future healthcare expenses. The Medisave Minimum Sum from 1 July 2011 is $36,000 and is adjusted every July of the year.

Medisave Required Amount

The Medisave Required Amount (MRA) refers to the amount you are required to set aside in your Medisave Account after meeting the CPF Minimum Sum requirement. If you have met the CPF Minimum Sum and have a MRA shortfall at the point of withdrawal, you are required to make a top-up to your Medisave Account with part of the balance from your Ordinary Account and/or Special Account to meet the prevailing MRA.

The MRA is set at $32,000 from 1 January 2012 and will increase by approximately $2,500 (to be adjusted for inflation) each year until it reaches $25,000 (in 2003 dollars) on 1 January 2013.

How much Medisave can I withdraw?

The table below sums up how the prevailing Medisave Minimum Sum and Medisave Required Amount will determine the amount you can withdraw from your Medisave Account.

• No withdrawal from MA is allowed. If you have set aside the CPF Minimum Sum and wish to withdraw the remaining CPF savings, you will have to make a top-up to your MA with part of the  balances from your OA and/or SA to meet the prevailing Medisave Required Amount of $32,000. This also applies to subsequent withdrawals after 55.

• No withdrawal of MA is allowed.

• You can withdraw the amount in excess of $36,000 from your MA but part of it will be used to make a top-up to your RA if you have a CPF Minimum Sum shortfall.