Welcome back! I hope you’ve managed to absorb everything in the last post on SRS accounts. I know, no one likes taxes, but as the saying goes, “In this world nothing can be said to be certain, except death and taxes” Now where did we leave off? Oh yes, SRS Account benefits! What Are The Benefits of SRS Accounts? Now, with the 2.5% interest on CPF-OA balances and 4% on CPF-SA balances, we might have expected SRS accounts to yield similar interest rates. But alas, wrong again! The interest rates on SRS accounts are a measly 0.05%. Wait, what? 0.05%? Then what’s the point of putting money there, especially if you can’t take it out without penalties before retirement age? Aha, that’s the point of SRS Investing! SRS Investing Unlike CPF, under the SRS, the range of available investments is much larger, with only a few hard exceptions such as direct property investment and certain forms of insurance products....