Exciting News for Singapore's Seniors!

Get ready, seniors of Singapore! In late 2025, many will see a $500 MediSave Bonus deposited directly into their CPF accounts as part of the government’s Assurance Package. But this financial uplift isn’t for everyone born between 1950 and 1973.

Here's Who Qualifies for the MediSave Bonus:

To be eligible for this one-time top-up, you must meet these criteria: 1. Born between 1950 and 1973 2. Live in a property valued under $31,000 annually 3. Own no more than one property 4. Maintain a MediSave balance below $37,750.

If your income or assets exceed these limits, you won't qualify for the payout. No applications are necessary; once eligibility is verified, the funds will be credited automatically.

Stay Alert – Watch Out for Scams!

Notifications for eligible recipients will come through SMS or letter from gov.sg. Important note: official communications never request personal information, so stay vigilant to avoid scams!

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