The SRS or Supplementary Retirement Scheme is a voluntary scheme to encourage individuals to save for retirement. It’s an additional savings scheme that Singaporeans can tap where you can make contributions and receive tax relief. This is useful if you are constantly paying a high income tax and want to reduce it but find no better alternatives for your cash on hand. SRS funds can be used to invest, for example, in a roboadvisor like Endowus or StashAway, or do-it-yourself with approved SRS funds. Investment returns are tax-free before withdrawal and only 50% of the withdrawals from SRS are taxable at retirement. You can contribute to your SRS at any time and as often as you like, but contributions are limited to only $15,300 yearly, and must be made in cash. In this article, with the year end approaching, we explore 3 SRS hacks that you can pursue.  ...