The Supplementary Retirement Scheme, or SRS, is often used by employed Singapore tax residents to reduce their taxable income. Beyond opening an SRS account for the income tax relief, the SRS account can be used for investments and insurance products. Based on the information released by the Ministry of Finance, most SRS accounts are kept in cash or invested in insurance, REITs/ETS and Shares.
In this article, we will go through some of the investment options available for SRS funds and explain why we believe that investing in equities funds for SRS is the best investment option.
SRS Investing in REITs, ETFs and Shares
Why SRS contributors invest in SGX listed securities
With a brokerage account, you would be able to invest in SGX-traded REITs, ETFs, shares and other products. This is a popular SRS investment option for Singapore tax-residents because of the higher expected returns from REITs and equities investments....