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Making SRS part of your grown-up Christmas list
By Endowus Insights  •  December 6, 2022
The original version of this article first appeared in The Business Times. These days, it takes little effort to remember deadlines when it comes to splashing out on good deals. Black Friday, 10.10, 11.11, and 12.12 — these are some dates and times that we’ve learnt to prepare for, to take advantage of discounts off items on our shopping list. Just as well that as we move closer to Christmas and the end of 2022, now is a jolly good time to stuff the proverbial stockings with discounted purchases. But remember, too, that this season is also associated with an annual tax saving and investing hack. It offers a discount off your tax bill each year and allows you to grow your retirement savings for the long term. This offer is called the Supplementary Retirement Scheme (SRS). Not only is the scheme an optimal way to save more for your...
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By Endowus Insights
Headquartered in Singapore, Endowus is the first and only digital advisor for CPF, SRS, and cash savings, helping everyone invest holistically, conveniently, and with expert advice at the lowest cost possible.
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