Looks like there is no longer a need to liquidate SRS investments during withdrawal. I suppose this means shares and unit trusts can simply be transferred out. The 50% taxable amount will be based on the valuation at the point of transfer. That means we wouldn't have to cash out and then reinvest, suffering from double payment of transaction fees. It's a good policy change. More cost avoidance for the retirement investor. That can only be a good thing. See the official MOF website announcement: http://www.mof.gov.sg/MOF-For/Individuals/Supplementary-Retirement-Scheme-SRS Related: SRS - One way to avoid paying more tax Maximising returns with minimal risks SRS Booklet - summarised version (from MOF website)...