If there is anything more complicated than Pythagoras’ theorem, it will be Singapore’s Central Provident Fund (CPF) system.
Under CPF, we have a voluntary scheme, Supplementary Retirement Scheme (SRS).
What Is Supplementary Retirement Scheme (SRS)? The Supplementary Retirement Scheme (SRS) is a voluntary scheme. It aims to encourage Singaporeans to save for retirement, over and above their CPF savings. One can top up their SRS account as many times as they want. TL;DR: Who should you open your SRS account with?
In this article, we address some of the commonly asked questions. We try to make it ...