Supplementary Retirement Scheme (a.k.a. SRS) is not strange to most Singaporeans. It is a deferred tax scheme which helps you save for the future while reducing your tax expenses now.

If you are mid to high-income earners, SRS is a great way to save tax in addition to CPF top-up tax relief. For example, if your tax bracket is 15% and you contribute $10,000 to SRS, your personal tax is reduced by $1,500.

The problem is that many people are overjoyed with the tax savings and they stop there. Do you know funds idling in SRS account earns only 0.05% interest rate? Your one-time tax savings will be eroded over the years by inflation.

How can you enhance the return of your SRS funds? What instruments can you invest using SRS? In this article, I will explain to you what SRS investment products and options are there.